$BTW 1-hour decline of 4.8%, current price 2.1674. There are two possible scenarios from here:
① It holds sideways on lower volume and recovers the breakdown level → this move looks more like a sentiment-driven sell-off.
② The rebound lacks strength and it loses the 24-hour low of 2.1543 → the weakness may continue.
Personally, I’d rather wait for a stabilization signal before judging how strong it is. In one sentence, what’s your take right now?
#BTW
① It holds sideways on lower volume and recovers the breakdown level → this move looks more like a sentiment-driven sell-off.
② The rebound lacks strength and it loses the 24-hour low of 2.1543 → the weakness may continue.
Personally, I’d rather wait for a stabilization signal before judging how strong it is. In one sentence, what’s your take right now?
#BTW