$BTR 24-hour plunge of 21.6%, with a trading volume of 33 million but all panic selling. The lowest just now was 0.0208, only one step away from the previous low. The greed and fear index is now 19, in the extreme fear zone historically, down 40 points from last week. The funding rate is -0.08%, and the bears have pushed to the limit. The last time such a rate appeared was when BTR rose from 0.015 to 0.03 at the start of an uptrend.

Currently trading sideways at 0.0210, with declining volume, indicating panic selling is beginning to exhaust. Historical experience shows that when the greed and fear index is below 20 and the funding rate is more than -0.05%, there is an over 80% chance of a reversal within 48 hours. 0.0208 is the last line of defense; a break below requires stop-loss. The first resistance above is 0.0245, and reclaiming 0.0283 targets the previous high.
Position management: try a small long position, 1% of total capital, with a stop-loss at 0.0198. Don’t wait for a rebound confirmation to chase; by the time everyone enters, you won’t catch the rally. A few days ago, I warned on Twitter about abnormal rate movements of BTR, and this signal is even stronger now. The emotional turning point = the best entry point.