From $VELVET in one second down to 0.9126, then the hard smash back to 0.138. This needle with both upper and lower wicks— I just saw it with my own eyes: the guy who was shouting “bottom fishing” got stuck with a 20% loss. He didn’t even get a chance to exit with a pending order—straight up welded in the middle price range.
Bottom fishing? Save it. This isn’t a washout—it’s the main force using retail as stepping stones to clear the order book. After the needle is dropped, there’s no rebound window at all—everything is hard sold off with massive orders propping on top.
Right after the smash, the成交 volume surged to 1.2 billion (1.2B), which is 27x the usual daily average. On the order book, the sell orders are all at least 1000 BTC each—there’s not a shred of buy-side pickup. It shows they didn’t plan to defend the price after the drop. In the near term, there’s no sign of stable support below.
This morning I urgently placed a sell order at 0.152. I went all-in and came out with a 3% floating profit, and I haven’t moved—planning to wait for the selling volume from this dump to cool down before reassessing. If there’s no new low, I’ll lock in half the position. If it’s unstable, I’ll just leave.
Guess what—after this needle ends, will they smash it straight into the 0.1 level, or will it squat around 0.14 and chop sideways for a week? Show me your real-time orders right now—if you’ve got no position, don’t be foolish and wait for a rebound!
#VELVET
Bottom fishing? Save it. This isn’t a washout—it’s the main force using retail as stepping stones to clear the order book. After the needle is dropped, there’s no rebound window at all—everything is hard sold off with massive orders propping on top.
Right after the smash, the成交 volume surged to 1.2 billion (1.2B), which is 27x the usual daily average. On the order book, the sell orders are all at least 1000 BTC each—there’s not a shred of buy-side pickup. It shows they didn’t plan to defend the price after the drop. In the near term, there’s no sign of stable support below.
This morning I urgently placed a sell order at 0.152. I went all-in and came out with a 3% floating profit, and I haven’t moved—planning to wait for the selling volume from this dump to cool down before reassessing. If there’s no new low, I’ll lock in half the position. If it’s unstable, I’ll just leave.
Guess what—after this needle ends, will they smash it straight into the 0.1 level, or will it squat around 0.14 and chop sideways for a week? Show me your real-time orders right now—if you’ve got no position, don’t be foolish and wait for a rebound!
#VELVET