Do you think $BTW this move was a shakeout to lure people into shorting, or is the damn market maker getting ready to dump???
Guys, looking at the charts, BTW climbed to a high of 2.75, then dipped to 2.12 before quickly bouncing back and leaving a long wick. That suggests this dip was just to lure people into shorting—not a real dump.
Looking at on-chain fund flows: funds in futures contracts have started flowing out, while spot funds continue to flow in. This clearly suggests the market maker is shaking out leveraged futures traders and picking up spot tokens at lower prices instead. So there’s a good chance the uptrend will continue!
If you’re short, be careful. The current price action looks more like the market maker trying to lure people into shorting, so I opened a long position around 2.4, with a target of 2.60–2.75 and a stop-loss at 2.35.
#山寨币热点
Guys, looking at the charts, BTW climbed to a high of 2.75, then dipped to 2.12 before quickly bouncing back and leaving a long wick. That suggests this dip was just to lure people into shorting—not a real dump.
Looking at on-chain fund flows: funds in futures contracts have started flowing out, while spot funds continue to flow in. This clearly suggests the market maker is shaking out leveraged futures traders and picking up spot tokens at lower prices instead. So there’s a good chance the uptrend will continue!
If you’re short, be careful. The current price action looks more like the market maker trying to lure people into shorting, so I opened a long position around 2.4, with a target of 2.60–2.75 and a stop-loss at 2.35.
#山寨币热点