$ADA is now 0.175. Today it turned green a little, but I’m still saying the same thing: the script hasn’t changed at all. From 0.19, it gave back almost 10% in a week. The week’s low was 0.171, and it’s basically sitting right under your feet—it can’t be pushed up.
The key is how twisted things are on the money side. The contract longs are really aggressive—active buying makes up more than 60%, and whale accounts are holding over 70% long. It sounds like they’re about to do something big. But spot had a net outflow of over sixty million in three hours, and out of twelve candles, not a single one is positive.
Contracts are surging and spot is running, so how is this “resonance”? It’s clearly being lifted just to have people take the bait. No one is taking the spot. Everyone is betting inside the contracts. I don’t dare trust this kind of rebound.
Outside, things are still dragging as usual, and everyone’s shouting louder than ever—the sentiment score is being pumped to over 5. Whether it will return or not, I don’t know. I only know the money simply didn’t flow into spot.
At this level, I won’t chase. I’ll wait for the spot money to come back, or for 0.171 to break through to the downside—otherwise it’s just a pump that’s softening, and in the end I’m the one left holding the bag. Seriously, unstoppable.
#ada $ADA
The key is how twisted things are on the money side. The contract longs are really aggressive—active buying makes up more than 60%, and whale accounts are holding over 70% long. It sounds like they’re about to do something big. But spot had a net outflow of over sixty million in three hours, and out of twelve candles, not a single one is positive.
Contracts are surging and spot is running, so how is this “resonance”? It’s clearly being lifted just to have people take the bait. No one is taking the spot. Everyone is betting inside the contracts. I don’t dare trust this kind of rebound.
Outside, things are still dragging as usual, and everyone’s shouting louder than ever—the sentiment score is being pumped to over 5. Whether it will return or not, I don’t know. I only know the money simply didn’t flow into spot.
At this level, I won’t chase. I’ll wait for the spot money to come back, or for 0.171 to break through to the downside—otherwise it’s just a pump that’s softening, and in the end I’m the one left holding the bag. Seriously, unstoppable.
#ada $ADA