$VELVET ‌ This kind of move is abnormal.

It surged from 0.2589 to 0.6185, then fell back to 0.47. A big bullish candle paired with 1.47x volume shows clear traces of capital inflow and outflow. The long-side logic is that low-position holders are rotating—trading is active, and there’s no stubbornly holding through shrinking volume.
On the short side, in the past 24 hours it’s down 11%. It failed to hold above the high range, with heavy sell pressure around 0.52. Right now the price is stuck between 0.39 and 0.52, and neither side is decisive.
The order book is basically a dense area of position rotation—wherever the volume is, the price is.