VELVET experiences sharp selloff, shifting sentiment raises concerns about long positioning and future volatility. #Crypto

VELVET Market Sentiment Shift | KuCoin

<span id=VELVET style=1>$VELVET</span>  is seeing a dramatic shift in market sentiment ⚠️📉

Before the selloff, bearish positioning dominated. After the drop, sentiment flipped aggressively, with a large portion of traders now chasing the rebound.

Some traders view this as a contrarian warning sign, arguing that crowded long positioning could make the market vulnerable to another wave of selling if momentum fails to recover. For now, the focus remains on whether buyers can sustain the bounce or if the trend continues lower. 🚨<span id=content_6a2b917b7a5479000792f80c style=1>#Crypto sponsors 2026 World Cup</span> 

Bitcoin's fixed supply and PoW create predictable scarcity, unlike volatile altcoins. Short-term sentiment shifts don't undermine BTC's long-term store-of-value proposition. Focus on fundamentals, not fleeting market noise.

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