As expected, I’m not chasing here. Now watching the FVP + EMA support zone. If that area holds and buyers step back in, we could see another push toward resistance and potentially a stronger breakout. 🚀
If support fails, I’ll stay patient and wait for a better setup.
$BTW is up 550% in just 46 days and is currently trading at ATH. Whale longs are sitting on around $27.8M unrealized profit, with 92.5% of whale longs in profit. So far, they haven’t shown major signs of taking profit.
Meanwhile, shorts have been building throughout the rally. That positioning can actually fuel further upside if shorts continue getting squeezed.
📌 Key zone: $0.40–$0.50
This is where I’ll be watching closely. If strong selling starts appearing and price struggles to push higher, it could be the first sign of whale profit-taking.
Este setup está empezando a ponerse interesante. Si obtenemos el retest, estoy esperando alrededor de 0.060; esto podría preparar un posible movimiento de +200% desde la entrada correcta.
Hasta ahora, el BTC se está moviendo como se esperaba. Todavía está en la misma zona de consolidación y ahora intenta moverse hacia abajo después de no lograr recuperar el nivel de 66k. Si el impulso continúa, entonces podríamos verlo en el nivel de 58k o por debajo. Esta perspectiva es válida mientras se mantenga por debajo del nivel de 66k.
¡Intentaremos seguir actualizando en consecuencia! !!
The reason? An exploit reportedly led to around 4B unauthorized tokens being minted, with roughly 2.8B sold almost immediately. One exploit. Billions of tokens. Massive dump.