$BTW ｜Above the 2.3 level
Before discussing capital flows, first understand round-number levels.
Even among round-number levels, the more significant the number, the more attention it tends to attract. Major milestones like 10,000 or 100,000 stand out more than ordinary round numbers.
Price swings can intensify near these levels. With leveraged trading, it’s especially important to leave more room; a stop-loss set too close to a round number can easily get swept.
It’s safer to compare several data points than to rely on just one, but even multiple signals can’t provide a definite conclusion.
Use this as a reference, not something to believe blindly.
Before discussing capital flows, first understand round-number levels.
Even among round-number levels, the more significant the number, the more attention it tends to attract. Major milestones like 10,000 or 100,000 stand out more than ordinary round numbers.
Price swings can intensify near these levels. With leveraged trading, it’s especially important to leave more room; a stop-loss set too close to a round number can easily get swept.
It’s safer to compare several data points than to rely on just one, but even multiple signals can’t provide a definite conclusion.
Use this as a reference, not something to believe blindly.