$BSW Binance announced BSW’s spot trading removal effective July 4 (Binance), causing an initial 15% drop. However:
- Short-term traders capitalized on oversold conditions (RSI 14 at 35.08), triggering a 28.6% rebound
- Derivatives remain active: Binance Futures will still offer BSW contracts, preserving some liquidity access
Will BSW sustain momentum post-Binance, or will liquidity fragmentation dominate?