BTW Just a Step Away from Its $2.75 All-Time High! Bitway ($BTW ) Consolidates at Elevated Levels, with a Warning About One Address Controlling 78%
Bitway (BTW) rose 34.19% to $2.5676, remaining firmly near its $2.75 all-time high set on 10/14!
The token distribution remains extremely risky: a single address still holds 78% of the supply, while the top 33 addresses control 99.74%. The price has consolidated at elevated levels for three consecutive days, with no new partnerships announced.
Conclusion: This is not the start of a second major rally, but rather a token distribution being maintained under extreme concentration of control. $2.000 is the lower defense level based on the opening price on the 14th; a break below it could easily trigger a chain reaction of cascading sell-offs.
#BTW #Bitway #TokenConcentration #庄家控盘
$BTW
Bitway (BTW) rose 34.19% to $2.5676, remaining firmly near its $2.75 all-time high set on 10/14!
The token distribution remains extremely risky: a single address still holds 78% of the supply, while the top 33 addresses control 99.74%. The price has consolidated at elevated levels for three consecutive days, with no new partnerships announced.
Conclusion: This is not the start of a second major rally, but rather a token distribution being maintained under extreme concentration of control. $2.000 is the lower defense level based on the opening price on the 14th; a break below it could easily trigger a chain reaction of cascading sell-offs.
#BTW #Bitway #TokenConcentration #庄家控盘
$BTW