A quick take on $BTW just now: down 8.12% in 5 minutes.
After a sharp drop, a period of consolidation is usually the start of stabilization; a direct V-shaped reversal is less common. Here’s what I do: I don’t rush to chase sharp rallies or sell in a panic during sharp drops. I wait for the price to settle before reassessing.
After a sharp drop, a period of consolidation is usually the start of stabilization; a direct V-shaped reversal is less common. Here’s what I do: I don’t rush to chase sharp rallies or sell in a panic during sharp drops. I wait for the price to settle before reassessing.