Ten times in one night! Is VELVET a golden opportunity or a harvesting scythe? The bulls and bears are on the brink of a decisive battle!

Spot manipulation is bait, contract harvesting is the hook—don’t be the last bag-holder.

1. Technical Analysis (1H)
Price: 1.0573, approaching the Bollinger upper band at 1.1377, RSI three-line > 71, seriously overbought.
Volume: shrinking volume increase (13.1M < average volume 52M), exhaustion of momentum signals.

2. Liquidation Map: Short positions’ cumulative liquidation strength is relatively high, but smart money shows long positions with floating profit of 6.04 million U, profit ratio 89.5%, short positions with floating loss of 4.10 million U—short squeeze approaching the limit.

3. Personal Opinion
Project team transferred 22 million tokens (worth 19.8 million U) to the exchange within 3 days, DWF Labs simultaneously transferred 6.68 million tokens. Typical “pump and dump + long and short explosion.”

Case: Refer to the previous ARB listing crash case, where the main force used contract leverage to reverse harvest.

Aggressive Long-Short Strategy

Short-term long: Lightly buy near 0.95 for a rebound, target 1.10.

Main short (core): Gradually short in the 1.08-1.12 range, target 0.85→0.70. Risk-reward #我的Gate交易时刻 ratio > 3:1.