$BTW : LIQUIDATION DATA SHOWS A CRITICAL SETUP!
📊 What the data reveals:
🔹 24H liquidations: Around $3.38M
🔹 12H liquidations: $2.95M
🔹 24H Long/Short ratio: 1.0721
🔹 Binance top trader Long/Short (Accounts): 0.3016
🔹 Top trader Long/Short (Positions): 1.7674
My Analysis: BTW has seen a sharp price increase, while liquidation data shows significant short liquidations. However, Binance account ratios suggest many top traders are positioned short, creating the possibility of further volatility and a short squeeze.
🎯 Strategy: Don't blindly chase the pump or open a short just because the price looks overextended. Wait for breakout confirmation or a clear rejection before entering.
💬 What do you think? More upside ahead or a correction coming?
High-risk setup. Manage your risk, use a stop-loss, and DYOR. Not financial advice.
📊 What the data reveals:
🔹 24H liquidations: Around $3.38M
🔹 12H liquidations: $2.95M
🔹 24H Long/Short ratio: 1.0721
🔹 Binance top trader Long/Short (Accounts): 0.3016
🔹 Top trader Long/Short (Positions): 1.7674
My Analysis: BTW has seen a sharp price increase, while liquidation data shows significant short liquidations. However, Binance account ratios suggest many top traders are positioned short, creating the possibility of further volatility and a short squeeze.
🎯 Strategy: Don't blindly chase the pump or open a short just because the price looks overextended. Wait for breakout confirmation or a clear rejection before entering.
💬 What do you think? More upside ahead or a correction coming?
High-risk setup. Manage your risk, use a stop-loss, and DYOR. Not financial advice.