VELO/USDT Market Observation: This rally has shifted from the expansion phase to a correction, with a lack of rebound after key supply zones were breached. Looking at the chart, repeated upper shadows appear at the top, and the price struggles to stabilize at high levels. Behind this is the gradual distribution by large investors. After breaking below support levels, the price may continue to weaken. Before testing the next key support, cautious sentiment dominates the market.

VELO-7,9%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
LiquidationAlertvip
· 9h ago
Are big players tired of using this trick for distribution and doing it again?
View OriginalReply0
ForkMongervip
· 9h ago
lol, "distribution phase" = whale exit strategy. governance voting mechanics completely failed to prevent this, classic protocol vulnerability exposed.
Reply0
MetaRecktvip
· 9h ago
Whale distribution, this wave looks risky. If it can't hold steady at high levels, it's time to run.
View OriginalReply0
ImpermanentTherapistvip
· 9h ago
It's the distribution phase now, and this round is a bit fierce.
View OriginalReply0
ProofOfNothingvip
· 9h ago
The big players are distributing again, same old story, they say this every time.
View OriginalReply0
RektHuntervip
· 9h ago
The big players are distributing so obviously, you should have already run away.
View OriginalReply0
WagmiOrRektvip
· 9h ago
The big players are distributing again. This routine is all too familiar, and it's time to cut another wave of retail investors.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)