$BTW 2X Move Loading? Don't Say I Didn't Warn You, Guys 🔥
OI climbed toward $18.8M-$18.9M during the recovery, while the overall long/short account ratio stayed near 0.74. Top trader accounts were short-heavy at 0.65, but their position ratio was around 1.05. Funding recently showed +0.005% per 4h after flipping negative. This means squeeze potential remains, but confirmation is necessary.
The liquidation heatmap shows liquidity around $1.55-$1.65 above price, with a broader zone near $1.65-$1.78. Below, watch $1.45, $1.40 and $1.35.
Futures CVD was around +61M, but spot CVD remained negative near -14.8M. The taker buy/sell ratio was around 0.79, and order-book delta was negative. Futures netflow reached +$4.65M over 24h, while short-term flows turned negative. Spot netflow was around -$203K over 24h. Spot buying still needs to improve.
Around 101.6M $BTW , roughly 1.02% of total supply, is scheduled to unlock on November 2. That could create selling pressure, but an unlock doesn't automatically mean a dump.
On October 26, a tracker reported around $3.53M in whale buys with no sells across three large trades. Another reported $614K and $202K buys on Binance Futures. Whale buying ahead of an upcoming unlock is worth watching, guys, although futures activity doesn't confirm spot accumulation.
Honestly, guys, derivatives numbers initially made me bearish on $BTW . But the new whale-buying reports changed my view, and now I'm watching for a deeper pullback LONG.
👉 My Plan:
Current Emtry: $1.45-$1.50
Recommended Entry: $1.25-$1.35
Deep entry: $1.05-$1.20
TP1: $1.65
TP2: $1.90
TP3: $2.20-$2.50
SL: 1h candle close below $0.95. This is a wider invalidation level for a longer holding window, so adjust position size accordingly.
I want a bullish 1h candle close, improving spot CVD and positive spot flows. If selling continues and OI rises during the drop, I'll skip the long.
My bias has shifted to a conditional pullback LONG, guys. The whale reports are interesting, but confirmation comes first. Don't chase the pump; let the entry come to you.
OI climbed toward $18.8M-$18.9M during the recovery, while the overall long/short account ratio stayed near 0.74. Top trader accounts were short-heavy at 0.65, but their position ratio was around 1.05. Funding recently showed +0.005% per 4h after flipping negative. This means squeeze potential remains, but confirmation is necessary.
The liquidation heatmap shows liquidity around $1.55-$1.65 above price, with a broader zone near $1.65-$1.78. Below, watch $1.45, $1.40 and $1.35.
Futures CVD was around +61M, but spot CVD remained negative near -14.8M. The taker buy/sell ratio was around 0.79, and order-book delta was negative. Futures netflow reached +$4.65M over 24h, while short-term flows turned negative. Spot netflow was around -$203K over 24h. Spot buying still needs to improve.
Around 101.6M $BTW , roughly 1.02% of total supply, is scheduled to unlock on November 2. That could create selling pressure, but an unlock doesn't automatically mean a dump.
On October 26, a tracker reported around $3.53M in whale buys with no sells across three large trades. Another reported $614K and $202K buys on Binance Futures. Whale buying ahead of an upcoming unlock is worth watching, guys, although futures activity doesn't confirm spot accumulation.
Honestly, guys, derivatives numbers initially made me bearish on $BTW . But the new whale-buying reports changed my view, and now I'm watching for a deeper pullback LONG.
👉 My Plan:
Current Emtry: $1.45-$1.50
Recommended Entry: $1.25-$1.35
Deep entry: $1.05-$1.20
TP1: $1.65
TP2: $1.90
TP3: $2.20-$2.50
SL: 1h candle close below $0.95. This is a wider invalidation level for a longer holding window, so adjust position size accordingly.
I want a bullish 1h candle close, improving spot CVD and positive spot flows. If selling continues and OI rises during the drop, I'll skip the long.
My bias has shifted to a conditional pullback LONG, guys. The whale reports are interesting, but confirmation comes first. Don't chase the pump; let the entry come to you.
