Smart Money Concepts and ICT Analysis
VTHO, the VeThor Token powering VeChain’s enterprise blockchain, has been targeted with a high-probability short alert by analyst @CryptoPatel. As of November 17, 2025, VTHO was trading at $0.001066, reflecting a 2.5% daily decline. Patel’s analysis, shared on TradingView, suggests a potential bear trap scenario, citing that the price has entered a premium delivery range and has tapped a clean bearish Order Block (OB) following an engineered liquidity sweep.
The trading strategy described employs advanced Smart Money Concepts (SMC) and Inner Circle Trader (ICT) methodologies. According to Patel, external liquidity has been collected above previous lows, and internal liquidity has been harvested. This bearish displacement indicates a potential reversal pattern where the market may be taking liquidity from the highs to then drive prices lower. The classic ICT model involves mitigating an inefficiency before delivering price downside, positioning the asset for a draw on liquidity below key support levels.
Technical Breakdown of VTHO's Chart
The recent price action on VTHO's chart, observed over recent weeks, shows a pattern consistent with market manipulation. This includes a sweep of previous highs, designed to lure retail traders into long positions before a reversal occurs. This "engineered" liquidity grab is characterized by fakeouts above fair value to trigger stop-losses, setting the stage for a subsequent price decline. The bearish Order Block (OB) identified is described as "pristine," with no upper wicks, signifying strong rejection. The observed displacement patterns, such as low-high intake, further support the bearish outlook.
The recent upward movement in price is interpreted as a hunt for inefficiencies, a common precursor to significant price drops as per ICT teachings. The presence of external liquidity below the current price acts as a magnet, suggesting a sequence of mitigation and delivery: first, clearing the inducement, and then executing a sell-off. This forensic dissection aims to identify institutional trading footprints.
Contextual Factors Influencing VTHO
The current bearish outlook for VTHO is influenced by several factors within the VeChain ecosystem and the broader cryptocurrency market. Despite VeChain's progress in areas like supply chain solutions with partnerships such as Walmart pilots and DNV certifications, the gas token VTHO faces pressure. This is partly due to fee compression in a post-halving environment. The general market sentiment, with Bitcoin trading above $100,000 but many altcoins experiencing declines, also contributes to a souring sentiment for VTHO.
VeChain's Total Value Locked (TVL) has stagnated around $150 million. Furthermore, regulatory challenges, such as China's cautious approach to blockchain pilots, and the complexities of VeChain's dual-token model, which can dilute VTHO's perceived value, are also considered contributing factors to the bearish sentiment. Patel's target for VTHO is below $0.001, aiming to test the third-quarter lows around $0.0009, which represents a potential 15% decrease from the current price.
Trading Strategy and Risk Management
The proposed trading strategy includes setting a stop-loss above the recent swept high, at $0.0011. This position aims to offer a favorable Risk-to-Reward (R:R) ratio of 1:3. The analyst emphasizes that SMC is not a form of gambling but rather a method of decoding market dynamics, akin to understanding a casino's edge.
However, the possibility of unforeseen events, such as a rumored expansion of VeChain's Enterprise Ethereum Alliance (EEA) integration, could potentially alter the market's trajectory. For traders considering short positions, confirmation is advised before entry. Long-term investors are advised to remain on the sidelines. The principle of patience, highly valued in ICT trading, is highlighted as a key factor for potential profits.
Social Media Analysis
$VTHO SHORT ALERT – High-Probability SMC Setup
— Crypto Patel (@CryptoPatel) November 17, 2025
Price just traded into a premium delivery range, tapping a clean bearish OB after an engineered liquidity sweep.
Smart Money has already collected internal liquidity, Next draw is External liquidity below.
Displacement shows… pic.twitter.com/3JQro3xnA1