Those still shouting orders mindlessly $BTW , don't get buried by the whales without even realizing it!
BTW, it shot up from 0.08 to nearly 0.20 in one go, and now there's a bunch of people in the square acting like they're on adrenaline, shouting it’s going to double again. Guys, chill out and check out the latest liquidation map data from Binance and Bybit; the major players are already revealing their cards.
The most critical point on the chart right now: the shorts above have completely run out of ammo.
Look above 0.19; there aren't many short liquidation orders left. The bears have already been wiped out in the previous rally. With no short liquidation orders to act as passive fuel, do you really think the whales are going to use real cash at these high levels to keep buying and pushing up? Dream on.
Now, look at how many long positions are stacked beneath us.
Just from 0.164 to 0.173, it’s packed with high-leverage longs that FOMOed in with 15x and 20x leverage over the last couple of days. Further down, around 0.135 and 0.125, those orange bars on Binance are as tall as skyscrapers.
Whales and market makers are essentially liquidity hunters. Pulling up is time-consuming and tough with no one buying in; one swift drop can trigger millions in long liquidations in a chain reaction. Once it breaches the critical 0.17 level, a chain reaction of long liquidations will trigger, and it will definitely be a terrifying deep-water bomb with a long wick.
Chasing longs now is like throwing your hard-earned cash to feed the bears; the risk-reward ratio is terrible.
Keep your hands off those falling knives. If you want to get a piece of this BTW coin, just keep your eyes peeled for it to go down and clear out. When you see those tall colorful bars around 0.165 or even 0.135 completely wiped out by the whales, and the market dumps a huge volume triggering panic selling, followed by a quick recovery, that’s your perfect right-side opportunity to scoop up some bloodied chips from the bottom.
Are you sitting in cash watching the show or already stuck at highs? Drop your cost price in the comments, let’s keep an eye on the market together! #BTW $BTW
BTW, it shot up from 0.08 to nearly 0.20 in one go, and now there's a bunch of people in the square acting like they're on adrenaline, shouting it’s going to double again. Guys, chill out and check out the latest liquidation map data from Binance and Bybit; the major players are already revealing their cards.
The most critical point on the chart right now: the shorts above have completely run out of ammo.
Look above 0.19; there aren't many short liquidation orders left. The bears have already been wiped out in the previous rally. With no short liquidation orders to act as passive fuel, do you really think the whales are going to use real cash at these high levels to keep buying and pushing up? Dream on.
Now, look at how many long positions are stacked beneath us.
Just from 0.164 to 0.173, it’s packed with high-leverage longs that FOMOed in with 15x and 20x leverage over the last couple of days. Further down, around 0.135 and 0.125, those orange bars on Binance are as tall as skyscrapers.
Whales and market makers are essentially liquidity hunters. Pulling up is time-consuming and tough with no one buying in; one swift drop can trigger millions in long liquidations in a chain reaction. Once it breaches the critical 0.17 level, a chain reaction of long liquidations will trigger, and it will definitely be a terrifying deep-water bomb with a long wick.
Chasing longs now is like throwing your hard-earned cash to feed the bears; the risk-reward ratio is terrible.
Keep your hands off those falling knives. If you want to get a piece of this BTW coin, just keep your eyes peeled for it to go down and clear out. When you see those tall colorful bars around 0.165 or even 0.135 completely wiped out by the whales, and the market dumps a huge volume triggering panic selling, followed by a quick recovery, that’s your perfect right-side opportunity to scoop up some bloodied chips from the bottom.
Are you sitting in cash watching the show or already stuck at highs? Drop your cost price in the comments, let’s keep an eye on the market together! #BTW $BTW