$BTW 8 days of getting cut in half—can you still touch it? Here’s the bottom line: don’t. The day it fell 30% wasn’t the bottom; it was only halfway down.
Data:
• 10/26 snapshot: down 30.31% in a day to $1.14, the worst performer among the 89 major coins. The second-worst was down just 5.04%.
• 8-day trend: $2.36 on 10/18 → $1.69 on 10/22 → $1.14 on 10/26. Down 52% in 8 days, sliding steadily with no meaningful rebound.
• On-chain signal: On X, on 10/26, wallets that had made nearly $2 million on $BTW started rotating into other coins—people who made money are leaving, not new buyers stepping in.
My take:
With a coin that’s been sliding steadily and leading the losers, buying the dip just means becoming exit liquidity for holders from the previous run. There’s no meaningful support below $1.14. If you’re watching it, wait until it stops falling and consolidates, then reclaims $1.69 on strong volume. Before the FOMC meeting (10/27–28), you shouldn’t be making big bets on direction anyway—let alone betting on the bottom of a speculative meme coin like this.
Data:
• 10/26 snapshot: down 30.31% in a day to $1.14, the worst performer among the 89 major coins. The second-worst was down just 5.04%.
• 8-day trend: $2.36 on 10/18 → $1.69 on 10/22 → $1.14 on 10/26. Down 52% in 8 days, sliding steadily with no meaningful rebound.
• On-chain signal: On X, on 10/26, wallets that had made nearly $2 million on $BTW started rotating into other coins—people who made money are leaving, not new buyers stepping in.
My take:
With a coin that’s been sliding steadily and leading the losers, buying the dip just means becoming exit liquidity for holders from the previous run. There’s no meaningful support below $1.14. If you’re watching it, wait until it stops falling and consolidates, then reclaims $1.69 on strong volume. Before the FOMC meeting (10/27–28), you shouldn’t be making big bets on direction anyway—let alone betting on the bottom of a speculative meme coin like this.