🔴【Bearish】 $VELODROME Deep Analysis

🔥 Whale Movement: Whales are significantly shorting, beware of declines

📝 Core Logic:
• 🐋 Whale Movement: The number of shorting whales (104) far exceeds that of long whales (29), the value of short positions (1.13M) is 16 times that of long positions (0.07M), with shorts holding an absolute advantage.
• 📊 Long-Short Strength: The nominal long-short ratio is extremely low (6.4%), market sentiment is extremely bearish, there may be opportunities for a rebound from overselling, but the short strength is strong.

🎯 Trading Advice: Be cautious in going long, focus on the support level of 0.0165, if it breaks, stop loss, target 0.0175.
⚠️ Risk Rating: High Risk

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