Traders Shun VeChain Despite Modest November Bounce After October Drop
VeChain has staged a modest rebound this month after a steep decline in October, yet the recovery has not been strong enough to reclaim lost ground. Market participants say conviction is low: the price bounce lacks broad volume support and many short-term traders remain sidelined, preferring to wait for clearer follow-through before re-entering positions.
The reluctance matters because muted participation can constrain upside and increase the risk of renewed volatility if a fresh catalyst fails to appear. Investors will be watching on-chain activity, partnerships, and wider crypto-market risk appetite for signs of a durable turnaround. For now, the environment favors caution—short-term traders are staying out, while longer-term holders may view dips as selective accumulation if fundamentals continue to hold.