The spike behind the 30% rally wiped out all the short sellers' stop-loss orders. $VELVET At a price of 1.5881, it went from 1.16 to 1.8 in 24 hours and then crashed back down, with a trading volume of $980 million—this isn't a rally, it's the whales playing a human harvesting machine.

You think it's a rally? Wrong. The 1.8 high is just a speed bump; the big players are repeatedly painting the door in the 1.6-1.7 range, aiming to wipe out all the leveraged positions of retail traders chasing the rally. The 1.16 low is the real support, but if it breaks 1.45 tonight, it's directly the second wave of a continuation pattern. Someone in my hunting coins group placed a short order at 1.7 early this morning and is still underwater.

If you want to play, follow this: Don't chase at the current level. If you want to scalp short-term, wait for a pullback to the 1.45-1.5 range, enter with 0.5x position, and set a stop-loss at 1.38. If it runs above 1.65, immediately take profit on half, and let the rest ride to 1.78. Remember, the 24h high of 1.8 is an iron ceiling; the whales won't let too many people exit comfortably. Rookies love to bottom-fish at 1.6 thinking it's a bargain, only to find they're catching a falling knife.

By the way, I watch the charts and trade swings every day, relying on real-time signals and on-chain data from the hunting coins group. If you want to know when the whales' wallets are accumulating at the bottom, come see for yourself.

Last line: If you didn't buy below 1.2, entering above 1.6 just means carrying others' sedan chair. Either wait for a dip or just watch. If you get it, give a like.