$VELVET TURNED OUT EXACTLY AS I SAID!
The other day, I told you that Velvet’s end was approaching.
The reason for this is that it was constantly buying up liquidity and even trying to prey on those using 2x leverage. After these moves, it was very clear that it was nearing its end.
Yesterday, it first rose to the $0.9 level and then dropped to $0.1 a nearly 90% decline but don’t worry; if we had opened a position, they would have tried to target us too.
That’s why we gained experience by observing market dynamics.
The other day, I told you that Velvet’s end was approaching.
The reason for this is that it was constantly buying up liquidity and even trying to prey on those using 2x leverage. After these moves, it was very clear that it was nearing its end.
Yesterday, it first rose to the $0.9 level and then dropped to $0.1 a nearly 90% decline but don’t worry; if we had opened a position, they would have tried to target us too.
That’s why we gained experience by observing market dynamics.
