Have you checked the time and price of BTW? It’s not reacting to anything 🪦
Down 24.5% on the day with $206M. Not even market bounces can move it: $1.92–$1.99 keeps rejecting it (14 weak closes in a row). When an asset stops reacting to good news, demand has been gone for a while.
$1.70 could be where the first real buyer shows up. Until then, the void is in charge.
A volume-driven push above $2.03 would be the first sign of life. Until then, there doesn’t seem to be any rush to buy.
What will wake BTW from this slumber? $BTW
#Momentum #Ethereum #Liquidity
Down 24.5% on the day with $206M. Not even market bounces can move it: $1.92–$1.99 keeps rejecting it (14 weak closes in a row). When an asset stops reacting to good news, demand has been gone for a while.
$1.70 could be where the first real buyer shows up. Until then, the void is in charge.
A volume-driven push above $2.03 would be the first sign of life. Until then, there doesn’t seem to be any rush to buy.
What will wake BTW from this slumber? $BTW
#Momentum #Ethereum #Liquidity