$BTW Follow the long side direction; buy orders may be moving in.

Everyone is watching squeeze the shorts, but actually the late-arriving short sellers are being tested right at this level. From the chart, the 4-hour long structure is still intact, and the daily chart is holding within the range of 0.06643 to 0.06679. The 15-minute RSI is around 42; the indicator hasn’t entered overbought, and there’s still room for further upside. In addition, the 15-minute trading volume has surged by 4 times, which suggests that buy-side capital is indeed participating.

In the short term, watch the area around 0.06793 to 0.07013. Place support/defense around 0.06485. Everyone, pay attention to risk—don’t chase too aggressively, and see whether this move turns out to be a long trap or a short failure.