$BTW 5-minute plunge: down 2.4% to 1.8411, with a 24-hour range of 1.6025–2.089.
Wait for the candle to close before making a judgment; don’t take an intraday spike at face value.
Sharp drops are often accompanied by mass liquidations of long positions in futures contracts. Sometimes there’s a technical rebound once the liquidations are over.
Wait for the candle to close before making a judgment; don’t take an intraday spike at face value.
Sharp drops are often accompanied by mass liquidations of long positions in futures contracts. Sometimes there’s a technical rebound once the liquidations are over.