【$VELVET Signal】Multiple pullbacks, clear intention to support the bottom of the market $VELVET 1H high-level consolidation, buying depth significantly better than selling. The upper band of the 4H Bollinger Bands around 0.0919 forms resistance, but the order wall from 0.0903 to 0.0905 below is very thick, fully exposing the capital support intention. The 1H MACD shows a death cross, but the price refuses to dip deeply, which is a characteristic of strong consolidation. 🎯Direction: Pullback to go long ⚡Entry: Within the 0.07625 - 0.09019 range, current price around 0.09048 can be entered in batches. 🛑Stop loss: 0.07104 🚀Target 1: 0.08667 🚀Target 2: 0.09188 🛡️Trade management: - Execute strategy: After the price reaches 0.08667, halve the position, and move the remaining stop loss up to the entry price. If the price cannot hold above 0.0905, consider exiting early. Order book data shows the buy wall is much thicker than the sell wall, with a depth imbalance of -19.56%, a typical capital support behavior. Although the 1H RSI is near 70, after a volume breakout on the 4H level followed by a pullback with reduced volume, open interest remains stable, and bulls have not retreated. The 0.04% funding rate is not high, with no obvious short squeeze risk. Under this structure, the price is unlikely to break through the dense trading zone in one go; a pullback is an opportunity. The risk-reward ratio is not perfect at this position, but the certainty is higher, with strong support below. View real-time market 👇 $VELVET --- Follow me: Get more real-time analysis and insights into the crypto market! $BTC $ETH $SOL ‍#Gate现货衍生品双双冲进全球前三 #原油小幅上涨 #美伊停火协议谈判再生变故

JUST IN: A swing trader whale with an 1985 USD cost basis for ETH is taking profit, unrealized gain around 1.085M USD. Potential signal on ETC/ETH flow as high-cost basis wallets realize gains. $ETH

Just noticed something interesting in the crypto market today. Bitcoin managed to hold around $71K while Ethereum stayed above $2.1K, but what caught my attention was the sudden spike in liquidations. Apparently, about $72 million in short positions got wiped out in roughly 30 minutes, which explains why we saw that crypto spike earlier. When shorts get liquidated like that, exchanges have to buy back positions on the market, and that buying pressure can move prices pretty fast. The broader market conditions helped too. Oil prices dropped over 7%, which usually eases inflation concerns and makes people more willing to take risks on assets like Bitcoin. Meanwhile, stocks were actually down—the Dow fell 700+ points—but crypto moved the opposite direction. That's been happening more often lately, which some traders see as a sign of stronger institutional participation. Also tracking the ETF flows. Spot Bitcoin ETFs pulled in about $53.87 million on Thursday, marking the fourth straight day of inflows. When these funds get money, they typically buy the underlying assets, which supports prices. Solana's been interesting too—currently sitting around $81.87, but traders are watching whether it can break above that $88-91 resistance zone. If we see another crypto spike like today, that could be the catalyst.