Guys, $BTW Is Showing Exactly What I Wanted to See... đ±
Guys, BTW dropped from $2.75 to $1.60, but I'm still not ready to call it dead. Let me explain why I'm watching it closely.
Open interest fell from around 44M to 38M, funding is deeply negative at -0.07339%, and around 65% of top trader accounts are short. The trend is bearish, but this positioning also creates squeeze risk if buyers step in.
The liquidation map shows liquidity around $1.70-$1.90, with more above $2.00. So another dip is possible before any recovery.
But guys, spot flow caught my attention. Despite the huge drop, the latest 24H net spot flow was around +$3.92M, while futures flow was around -$303K. Spot CVD and orderbook delta remain negative, so this isn't confirmed accumulation. Still, positive spot flow makes me cautious about blindly shorting here.
Whale movements are interesting too. Around 5M BTW moved between unlabeled wallets, while roughly 9.52M $BTW moved to a Gate cold wallet. These transfers don't prove buying or selling.
Guys, look at most alpha tokens after 5x-10x pumps: crash hard in just one candle. BTW hasn't followed that exact pattern so far. Could another leg up happen? Yes, but we need confirmation. I haven't found a fresh bullish news catalyst strong enough to guarantee a pump either.
đ My plan: BTW could revisit $1.60. If that zone holds and buying returns, a long may offer a better opportunity than chasing a short.
Current Entry: $1.86-$1.90
Recommended entry: $1.75-$1.80
Deep entry: $1.60-$1.68
TP1: $2.00-$2.09
TP2: $2.15-$2.25
TP3: $2.30-$2.50
SL: $1.56
Guys, wait for at least one 30m candle at our entry zone. I want spot flow to stay positive, ideally with spot and futures CVD turning positive too.
My previous BTW setup nearly worked đż , but price dropped deeper than my $1.75-$1.80 zone before bouncing. That's why confirmation matters more than prediction. No blind entries - patience and capital protection first!
Next Token đ $SIREN
Guys, BTW dropped from $2.75 to $1.60, but I'm still not ready to call it dead. Let me explain why I'm watching it closely.
Open interest fell from around 44M to 38M, funding is deeply negative at -0.07339%, and around 65% of top trader accounts are short. The trend is bearish, but this positioning also creates squeeze risk if buyers step in.
The liquidation map shows liquidity around $1.70-$1.90, with more above $2.00. So another dip is possible before any recovery.
But guys, spot flow caught my attention. Despite the huge drop, the latest 24H net spot flow was around +$3.92M, while futures flow was around -$303K. Spot CVD and orderbook delta remain negative, so this isn't confirmed accumulation. Still, positive spot flow makes me cautious about blindly shorting here.
Whale movements are interesting too. Around 5M BTW moved between unlabeled wallets, while roughly 9.52M $BTW moved to a Gate cold wallet. These transfers don't prove buying or selling.
Guys, look at most alpha tokens after 5x-10x pumps: crash hard in just one candle. BTW hasn't followed that exact pattern so far. Could another leg up happen? Yes, but we need confirmation. I haven't found a fresh bullish news catalyst strong enough to guarantee a pump either.
đ My plan: BTW could revisit $1.60. If that zone holds and buying returns, a long may offer a better opportunity than chasing a short.
Current Entry: $1.86-$1.90
Recommended entry: $1.75-$1.80
Deep entry: $1.60-$1.68
TP1: $2.00-$2.09
TP2: $2.15-$2.25
TP3: $2.30-$2.50
SL: $1.56
Guys, wait for at least one 30m candle at our entry zone. I want spot flow to stay positive, ideally with spot and futures CVD turning positive too.
My previous BTW setup nearly worked đż , but price dropped deeper than my $1.75-$1.80 zone before bouncing. That's why confirmation matters more than prediction. No blind entries - patience and capital protection first!
Next Token đ $SIREN