Over the past 24 hours, institutions and leaders have offered no major news. Market data has already spoken for them. Derivatives liquidations exceeded $1.27 billion, with longs accounting for over $1.1 billion. Ethereum fell 4.3%, as leveraged longs were wiped out in a concentrated flush. Stablecoin supply shrank by $14.2 billion over 30 days, its biggest contraction since the 2022 bear market. Liquidity draining away is more real than any rhetoric.

ONE is currently priced at 0.0014661. The moving averages are in a bearish alignment, with aggressive selling pressure outweighing buying. The liquidation map shows a large concentration of short liquidations between 0.00155 and 0.00162 above the current price. Price can easily move up first to hunt liquidity in this area before pulling back. Support is currently weak, but chasing shorts directly does not offer a good risk-reward ratio.

I’d just finished a delivery and returned to the intersection when my phone started vibrating like crazy. I glanced at the liquidation map and placed my limit orders as planned.

For the trade, open short positions in batches between 0.00155 and 0.00162, with a protective stop-loss at 0.00170. Set the first take-profit at 0.00135 and the second at 0.00128. If price later breaks below 0.00142 on increased volume, you can cautiously open a small short position on the breakdown, with a stop-loss at 0.00150 and a target of 0.00130.

$ONE
#Zcash自9月以来首次跌破1000美元