$ADA Now it’s 0.174, still crouching right at the edge of this week’s low around 0.171, grinding away—the script hasn’t changed at all. In a week it went from 0.19 and then gave back almost a tenth. A lift here, a softening there, but nobody dares to step in and take it.
Money-wise it’s getting more and more tangled. In the spot market over the past three hours, the twelve hourly candles are none of them positive. Net outflows are also still brisk—nearly forty million. Even the big orders are being pulled out.
Funding rates haven’t really spiked—both longs and shorts are lying flat. Passive selling is pressing down while bids are still being held.
The only thing that looks remotely decent is the order book. The buy side is thicker than the sell side by a bit. You’ve poked 0.171 several times, but it still hasn’t broken.
Positions have shrunk again: after a day, longs are down another 2%, and the overall position is continually being cut. Cutting doesn’t show any resulting push up.
Over on the plaza side, the same old hype is going hard—Dijkstra upgrade, stablecoins, lending and borrowing. They’re hyping it like it’s real. The upgrade is an upgrade, but the price doesn’t give even a decent reaction. The good news isn’t followed by any response. Who’s supposed to believe this script?
In plain terms, it’s two sides getting stuck: money is running, but the low point can’t be punched through. Chasing isn’t something you dare do, and I can’t wait for a turnaround either. So we’ll see who breaks first at this 0.171 level. I’ll rehearse the ending in advance—I’m waiting for direction.
#ada $ADA
Money-wise it’s getting more and more tangled. In the spot market over the past three hours, the twelve hourly candles are none of them positive. Net outflows are also still brisk—nearly forty million. Even the big orders are being pulled out.
Funding rates haven’t really spiked—both longs and shorts are lying flat. Passive selling is pressing down while bids are still being held.
The only thing that looks remotely decent is the order book. The buy side is thicker than the sell side by a bit. You’ve poked 0.171 several times, but it still hasn’t broken.
Positions have shrunk again: after a day, longs are down another 2%, and the overall position is continually being cut. Cutting doesn’t show any resulting push up.
Over on the plaza side, the same old hype is going hard—Dijkstra upgrade, stablecoins, lending and borrowing. They’re hyping it like it’s real. The upgrade is an upgrade, but the price doesn’t give even a decent reaction. The good news isn’t followed by any response. Who’s supposed to believe this script?
In plain terms, it’s two sides getting stuck: money is running, but the low point can’t be punched through. Chasing isn’t something you dare do, and I can’t wait for a turnaround either. So we’ll see who breaks first at this 0.171 level. I’ll rehearse the ending in advance—I’m waiting for direction.
#ada $ADA