Many people just now still thought $VELVET would keep ranging sideways, but the chart already showed cracks in advance.



The real reason I went short is that the pullback kept getting weaker, while the key level was continuously being refreshed. After entering around 1.66025, I wasn’t watching short-term noise—I was watching whether this level could reclaim itself. The result is clear: the funds didn’t keep pushing upward; instead, they pressed downward along the key level.

Now the price has reached 0.47705, and the short position’s profit is already at +707%, with an obvious extension of the move. This drop didn’t happen suddenly. Those failed rallies earlier were already telling you that the rhythm had changed.

If you have positions, don’t just stare at profit bouncing around. Handling it with an 80/20 staged approach is steadier. First protect most of the profits, and then keep the remaining position with protective levels to see whether there’s room for further release.

If you didn’t catch it, don’t rush to chase. The faster it drops, the more you need to stay calm. If you miss the trade, don’t chase—wait for the next time price comes back to a more comfortable level.

$BTC $ETH
VELVET-5.46%
BTC0.21%
ETH-0.07%
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