Key takeaways

1. ACE fell by 12.1% over 24 hours to $0.135, pressured by active short selling, capital outflows, and breached support levels.

Key currencies

1. - Aggressive short selling (High level): Strong interest in short positions and negative funding rates drove the price down from $0.154 to $0.135 → confirming a bearish reversal after rejection at higher levels

- Capital outflow (High level): Continuous net outflows over the past 24 hours; large-scale seller pressure reached a peak during the most sudden price drops

- Macroeconomic headwinds (Medium level): The overall weakening of the market caused by outflows from Bitcoin ETFs negatively affected sentiment toward altcoins, accelerating the selloff

Risk assessment

1. - Breakout of a support level (High level): The price has significantly dropped below the stated "buy wall" of large holders at $0.175 → making the token vulnerable to further price declines

- Bearish technical indicators (Medium level): MACD remains deeply negative, and the RSI has fallen to the oversold level (27), indicating that the downward momentum is still in place

- Market structure (Low level): The community’s skeptical view of the natural price increase and its dependence on overall market trends increase the risks of volatility

Broken support levels and an aggressive short position create an extremely unstable short-term outlook.