$VELVET It happened exactly as I told you!
A few days ago, I told you that Velvet’s end was approaching.
The reason was that it kept draining liquidity, and even tried to target traders who use 2x leverage. After these moves, it became very clear that it was nearing its end.
Yesterday, the price first rose to the $0.90 level, then collapsed to $0.10—an almost 90% drop.
But don’t worry; if we had opened a trade, they likely would have tried to target us as well.
That’s why we gained important experience by monitoring market movements and understanding its dynamics
A few days ago, I told you that Velvet’s end was approaching.
The reason was that it kept draining liquidity, and even tried to target traders who use 2x leverage. After these moves, it became very clear that it was nearing its end.
Yesterday, the price first rose to the $0.90 level, then collapsed to $0.10—an almost 90% drop.
But don’t worry; if we had opened a trade, they likely would have tried to target us as well.
That’s why we gained important experience by monitoring market movements and understanding its dynamics
