Venice (VVV)

This is my current observation of #Venice Token $VVV, starting with the four-hour timeframe. On May 28th, VVV broke its ascending momentum structure to the downside from what appeared to be a bearish rising wedge formation. Following that breakdown, price managed a reclaim and proceeded to put in what looked like a five-wave impulsive move to the upside. However, despite completing that advance, price only marginally exceeded the prior high before running into significant resistance and reversing lower. What makes this development particularly interesting is that the breakdown of the four-hour trendline coincided with a break of the weekly RSI trend regression line. When multiple timeframes begin signaling weakness simultaneously, it increases the probability that a larger trend shift may be developing beneath the surface. Since putting in the local high, price has now broken market structure to the downside. We have successfully established a lower low, which is the first requirement for a potential trend reversal. However, the bearish structure is not yet fully confirmed. At this point, we have one lower low in place, but we have not established a confirmed lower high. More importantly, we do not yet have a secondary lower low following that potential lower high. Until those pieces are formed, the market remains in a transition phase rather than a confirmed downtrend. For now, the key area to watch is the next rally attempt. If price fails to reclaim the highs and instead forms a lower high before breaking down again, that would provide much stronger evidence that a larger bearish trend is beginning to emerge. Until then, caution is warranted, as the current structure suggests weakness but has not yet completed the sequence necessary to fully confirm a trend reversal. I am now able to connect both of the major highs along with the pivot low, allowing me to construct a channel structure. After applying the midpoint of that channel, it's become clear that price is currently respecting it as a key area of interest. At the moment, this doesn't necessarily provide a directional signal on its own, but it does suggest that price could eventually retrace much deeper within the channel. If the structure continues to play out, there is a possibility that price action works its way all the way back down toward the lower boundary of the channel over time. Another important observation is the second pivot low, which currently aligns closely with the channel midpoint. If that level breaks, it would establish a second lower low and provide confirmation of a Change of Character (ChoCH). That would significantly strengthen the bearish case and increase the probability that a larger corrective phase is underway. The other scenario I'm attempting to evaluate is whether VVV is developing a larger Wave 4 correction from a macro perspective. If that interpretation is correct, then there could still be one final push higher to take out the current local high before the market experiences a more meaningful rollover. At this stage, I don't have enough confirmation to fully commit to that outlook, so it's something I'll continue monitoring as price action develops. For now, my focus remains on the structure. If we do put in that second lower low and confirm the Change of Character, then I'll begin looking for a larger mean reversion move on the weekly timeframe. Currently, that weekly mean reversion level sits around $9.68, which would become a logical area of interest should the bearish structure continue to develop and gain confirmation.

$VVV seems like a GPT wrapper to me, basically Ai16z but for… privacy instead of agents… ??

What is you doin?!? 😂 30 hours now stuck in a 2% range… https://t.co/MNI8DzZNdw

rough current ranking of my conviction/upside in the popular coins: 1. VVV - perfect space/narrative -- AI, consumer, privacy, no censorship, growth just started, minds will be huge, team is crazy, the perfect and only retail available play to bet on model commoditization which is now pretty consensus across the industry (ie. companies will move to cheaper oss models vs all usage going to frontier) and <$1b for AI adjacent co w/ 3M+ users is insanely cheap -- tokenomics are strong and will get stronger over time imo 2. NEAR - brings usable privacy and omnichain app access to everyone (humans and agents) -- one stack to trade privately on polymarket, hyperliquid, do payroll via stablecoins and transforms crypto from a fragmented UX disaster to a usable ecosystem -- lots of AI / agent leaning tech (Near AI cloud which powers venice, ironclaw etc), super scalable and best team in entire space (insanely cheap at sub 2-3B valuation imo, seeing strong growth and making great progress towards deflation) -- overall

Textbook distribution at the highs Spot selling, perps longing Lower prices in Q3 Bookmark this $VVV https://t.co/jf34CQj37f

$VVV Still in this short. Been pretty patient and am fairly certain we drop from here soon. https://t.co/XcNt7wIPly

The United States demanded that Anthropic block foreign users from accessing its latest models, forcing Anthropic to suspend Fable 5 and Mythos 5 for all users. In case you are not aware, Anthropic is a U.S. artificial intelligence company best known for its AI Claude. Fable 5 and Mythos 5 are two versions of Anthropic’s top‑tier Mythos model series. The U.S. government ordered a complete halt to any foreign citizen’s access to Fable 5 and Mythos 5, regardless of whether they are inside or outside the United States, including Anthropic’s foreign staff. Almost immediately, tokens of decentralized AI projects such as @AskVenice surged. Venice founder Erik Voorhees and the Morpheus community quickly regarded Anthropic’s service pause as concrete proof of the benefits of uncensored, decentralized AI infrastructure. The incident also sparked a price‑rise wave for other decentralized AI tokens like $TAO (Bittensor) and RENDER, as investors see it as evidence of the risk inherent in concentrating advanced AI technology control in a single company and a few regulators.