After yesterdayโs 80% crash, $VELVET bounced back to $0.55. In my view, this looks like a classic dead cat bounce rather than a real recovery. Many holders are still trapped, and those waiting for a rebound may be using this rally as an exit opportunity. Iโm staying cautious and not buying into the hype.
Whale Alert: Massive ETH Position Opened A crypto whale has reportedly opened a large $ETH long position worth over $25M after the recent market dip. #ETH ๐ The trader appears confident that Ethereum could see a strong recovery if buying pressure continues this week. ๐ Key Levels: โข Support: $2,450 โข Resistance: $2,650 โข Breakout Target: $2,800+ โ ๏ธ As always, whales can be wrong too. Manage your risk and do your own research before entering any trade. #ETH #Ethereum #Tramp