To be honest,
$BTR today’s data combination made me take a second look.
The 24-hour drop is over 41%—it was smashed down from the high of 0.1688 to the low of 0.0823, falling nearly by half.
But the interesting part isn’t the drop itself—it’s the structure.
Currently, shorts make up 62%, while longs are only 38%.
That means most of the positions in the market are betting that it will keep falling.
In this situation, the coin price should actually be watched carefully—if the decline can’t go any further, those short positions that were waiting with no room left will be forced to close,
and the act of closing shorts will then push the price upward in the opposite direction, commonly called “short covering.”
Today’s trading volume is also not small—$259 million. For a small coin at this price level, that’s quite active.
And looking at the recent candlesticks, the lows are getting higher, and selling pressure is weakening.
I’m not saying it will bounce back, but this setup—after a big drop, shorts piling in, volume shrinking, and the lows lifting—
is exactly the kind of trigger I would keep an eye on. If it can hold above 0.10, those shorts will feel very uncomfortable.
For now, it’s just observation—not an entry signal. After this kind of crash, there are often aftershocks. Until the direction is confirmed, keep your positions light.
$BTR #空头陷阱 #41%暴跌
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