BTR has been extremely hot recently, with a nearly 54% increase within 24 hours, and the price soaring to 0.05992 USDT. It looks very aggressive, but if you ask me, the current position is already fraught with risks.

From a financial perspective, the issue is most obvious. On the daily chart, large net outflows of 12.52 million BTR are observed, and another 8.33 million were sold off in the past 24 hours. The most outrageous thing is that in the last 8 hours, the outflow has accelerated, with institutions疯狂套现 at high levels, while retail investors are still chasing the high to buy in — this pattern is too old. Looking at the 15-minute chart, small traders are happily buying, while large traders are secretly selling, which is basically a divergence in capital flow.

Technically, there is a short-term correction probability. The current price level's risk-reward ratio is no longer favorable, so those chasing the high should be cautious. The range between 0.06087 and 0.06351 is an excellent opportunity for shorting, set the stop-loss at 0.0650, and the first target is the support at 0.05402. If it breaks below, there is even more room to fall to 0.04 to 0.045.

To put it simply, the signals of high-level profit-taking are very clear. Those who need to take profits should do so quickly, and don’t hold onto illusions. There’s no promising outlook for long positions here.