$BTW +3.5% on no hype. Here's what's behind it 👇
Active buyers have outpaced sellers for 12 hours (bid/ask ratio peaked at 1.89)
Funding is flat at +0.005%, so leverage isn't driving this
Long/short is 24/76, so shorts are the crowded side
Price is holding hourly EMA20 (1.7771) with higher lows
Spot-led moves with low leverage tend to hold up better than leveraged pumps.
🟢 Hold 1.79 → 1.85-1.88
🔴 Lose 1.777 → retest 1.745
I'd rather buy a hold of support than chase green candles. Small size, tight stop.
Does it hold 1.79?
Active buyers have outpaced sellers for 12 hours (bid/ask ratio peaked at 1.89)
Funding is flat at +0.005%, so leverage isn't driving this
Long/short is 24/76, so shorts are the crowded side
Price is holding hourly EMA20 (1.7771) with higher lows
Spot-led moves with low leverage tend to hold up better than leveraged pumps.
🟢 Hold 1.79 → 1.85-1.88
🔴 Lose 1.777 → retest 1.745
I'd rather buy a hold of support than chase green candles. Small size, tight stop.
Does it hold 1.79?
