137% Single-Day Increase! $VELVET surged violently from 0.2853 to 0.9846, as expectations that the Federal Reserve would pause rate hikes sparked a frenzy of funds. On-chain trading value of $680 million has already exceeded the weekly net inflow of BTC spot ETFs!

This is not a second pump of nostalgic MEME coins. Quantitative analysis shows: the 24h price change of 137.36% corresponds to BTC’s 0.3% sideways consolidation over the same period. The steepness of the VELVET/BTC exchange-rate curve is over 9 times that of September 2. This indicates that major players are snapping up high-beta tokens ahead of the rate-cut window. More importantly, the massive turnover range from 0.2853 to 0.9846 has formed a strong support structure—68% of the position cost is being consolidated in the 0.7–0.9 zone. The current price of 0.95 is the market’s consensus cost line after the market has flushed out floating supply with $687M in trading value.

Trading suggestion: The current price of 0.9503 can be used as an entry point. Set the stop-loss at 0.78 (corresponding to the lower end of the dense 24h trading area). Take the first profit at 0.98 (previous high resistance). If there is a breakout with increased volume, look for 1.18 (the Fibonacci 1.618 extension). Keep position sizing within 30%; prioritize spot over perps/futures, to prevent chasing after emotions run wild once the rate cut lands.

The Federal Reserve dot-plot expectations have shifted from “higher for longer” to “marginal easing.” Historical data shows that 15 days before rate cuts, Taiwan dollar/Fed-related tokens typically see an average surge of 91%. VELVET’s current 24h performance has already outpaced this average by 50%. This round of capital rotation, as indicated by on-chain data, suggests retail consensus is leading the way, while institutions have not fully entered yet.

Here’s the challenge: if you saw the bottom at 0.3 but didn’t buy, would you still dare to place a bet at 0.95 now? Vote YES/NO in the comments—I’ll break down the logic of the new token’s take-profit signals in the next issue.

Did you catch this wave? $