$BTW 🚨BTW has fallen 67% from its peak, and today it's up 21%—remember, this bounce is for market makers to dump their bags.
What to do:
✅ Wait for a rebound to 1.25–1.35 to enter a short; stop-loss at 1.48, targets 0.95 → 0.87 (the previous low)
❌ Don’t buy the dip: it crashed from 2.75 to 0.87 in just two months. What you think is the bottom could just be halfway down.
❌ Don’t chase longs: +21% looks exciting, but volume tells you the truth is below.
Why am I willing to short? Look at these three clues:
1️⃣ It ran from 0.07 to 2.75—a 37x gain—then lost 67%. Coins that soar from the ashes only to crash back down have an awful holder structure: there are trapped holders all the way up, and every bounce gets dumped.
2️⃣ Open interest shrank from 86.8M to 15.5M. Money isn’t entering during the rebound, which means this rally has no fresh capital behind it—it’s all driven by short covering. Once shorts return, the price will fall.
3️⃣ OBV is flat below its moving average: there’s no sign of money flowing back in. The +21% move is hollow; a low-volume rebound won’t go far.
The likely next act:
After crashing 67%, it stabilizes → prints a big +21% bullish candle as bait → retail traders think it’s a V-shaped reversal and pile in → it rebounds to resistance, then keeps falling. The 1.25–1.35 area is a dense zone of trapped holders from the previous sell-off. A bounce here is just the market makers’ chance to unload one last batch.
Discipline:
• Short again at 1.25–1.35; if it doesn’t rebound, hold and wait.
• Admit you’re wrong if it breaks 1.48—a genuine high-volume move that holds above it means fresh money is stepping in, so exit.
• This low-cap shitcoin has only 16M in open interest; one wick can prove you wrong, so keep your position small.
In a nutshell: A coin that went up 37x, then got cut in half again and again—this rebound isn’t a revival; it’s a chance to unload the last of the bags. Set your short orders at 1.25–1.35 and wait for it to show its true colors.
(Personal opinion, not financial advice. Manage your position size.)
What to do:
✅ Wait for a rebound to 1.25–1.35 to enter a short; stop-loss at 1.48, targets 0.95 → 0.87 (the previous low)
❌ Don’t buy the dip: it crashed from 2.75 to 0.87 in just two months. What you think is the bottom could just be halfway down.
❌ Don’t chase longs: +21% looks exciting, but volume tells you the truth is below.
Why am I willing to short? Look at these three clues:
1️⃣ It ran from 0.07 to 2.75—a 37x gain—then lost 67%. Coins that soar from the ashes only to crash back down have an awful holder structure: there are trapped holders all the way up, and every bounce gets dumped.
2️⃣ Open interest shrank from 86.8M to 15.5M. Money isn’t entering during the rebound, which means this rally has no fresh capital behind it—it’s all driven by short covering. Once shorts return, the price will fall.
3️⃣ OBV is flat below its moving average: there’s no sign of money flowing back in. The +21% move is hollow; a low-volume rebound won’t go far.
The likely next act:
After crashing 67%, it stabilizes → prints a big +21% bullish candle as bait → retail traders think it’s a V-shaped reversal and pile in → it rebounds to resistance, then keeps falling. The 1.25–1.35 area is a dense zone of trapped holders from the previous sell-off. A bounce here is just the market makers’ chance to unload one last batch.
Discipline:
• Short again at 1.25–1.35; if it doesn’t rebound, hold and wait.
• Admit you’re wrong if it breaks 1.48—a genuine high-volume move that holds above it means fresh money is stepping in, so exit.
• This low-cap shitcoin has only 16M in open interest; one wick can prove you wrong, so keep your position small.
In a nutshell: A coin that went up 37x, then got cut in half again and again—this rebound isn’t a revival; it’s a chance to unload the last of the bags. Set your short orders at 1.25–1.35 and wait for it to show its true colors.
(Personal opinion, not financial advice. Manage your position size.)