The turning point is often hidden in a cycle that most people ignore, and $VELVET is in exactly that kind of state right now. Everyone is still watching the daily chart’s upward pattern, but when I look at the four-hour timeframe, I can see that bearish momentum has already quietly started to gain the upper hand—the strength of the rebound is clearly not keeping pace with the speed of the sell-off. When we trade, we have to learn to switch perspectives: the bigger timeframe sets the direction, and the smaller timeframe is where you find the timing.
Now the weakness signals on the smaller timeframe are very clear, which means the near-term selling pressure hasn’t been fully released yet. My view is that this downswing structure hasn’t finished playing out, so I’ll focus on short opportunities after rebounds lose steam, rather than blindly catching a falling knife.
🔴 Trading direction: Short
📍 Entry range: 0.5899038 – 0.6178302
🛑 Stop loss: 0.8314253
🎯 Take profit 1: 0.4331983
🎯 Take profit 2: 0.3194191
🎯 Take profit 3: 0.1487505
In still water, deep currents hold far-reaching insight; as the market rises and falls, it does so calmly.
Join “Fei Jie” and read the pulse of the surging wealth.
#VELVET
Click below to trade 👇
Now the weakness signals on the smaller timeframe are very clear, which means the near-term selling pressure hasn’t been fully released yet. My view is that this downswing structure hasn’t finished playing out, so I’ll focus on short opportunities after rebounds lose steam, rather than blindly catching a falling knife.
🔴 Trading direction: Short
📍 Entry range: 0.5899038 – 0.6178302
🛑 Stop loss: 0.8314253
🎯 Take profit 1: 0.4331983
🎯 Take profit 2: 0.3194191
🎯 Take profit 3: 0.1487505
In still water, deep currents hold far-reaching insight; as the market rises and falls, it does so calmly.
Join “Fei Jie” and read the pulse of the surging wealth.
#VELVET
Click below to trade 👇