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$BTW A sharp decline is not the bottom; hidden among the pile of retail investors' corpses are the market makers' arbitrage opportunities with an annualized return of 300%. It dropped 22.81% in 24 hours to 0.0491, with a trading volume of 616 million, which doesn't look like panic selling but rather organized funds shaking out and absorbing positions— the more shameless the market makers are, the more excited I am.
Bold statement: People cutting losses now are actually giving money to those who will double it next month. Data doesn't lie: it fell from 0.0692 to 0.0410, a 40% decline, but the trading volume didn't decrease, indicating high turnover and concentrated main force chips. You think it's a crash, but it's actually a reverse move to pick up positions. Note, 0.0410 is not the bottom, it's a joke; the market maker's cost might be around 0.045, and this break below was deliberately poked to trigger stop-losses.
Trading suggestion: Lightly buy on dips at 0.047-0.049, set stop-loss at 0.0405, and accept defeat if broken. Take profit at 0.062-0.065, and don't exceed 20% position size. Don't talk to me about faith—can faith put food on the table? Data shows you should enter when retail investors are desperate and exit during the frenzy.
Come, vote: Bet that BTW will break below 0.04 this week with a 1-point deduction, bet it will rebound to 0.06 with a 2-point deduction. Cowards, don't speak; I already placed my orders. If I lose, it's on me; if I make money, remember to call me dad.