🔥$ADA enters an intense phase of long-short battle👀
Open interest in derivatives continues to decline, but the long-short ratio remains high. Retail investors are stubbornly bottom-fishing, and the bulls are still fighting hard.
Funding rates have not yet reached extreme levels, but the market frequently shows long upper and lower shadows, repeatedly stabbing back and forth. Clearly, the main players are repeatedly cleaning out high-leverage positions.
Technical patterns show contradictions. The weekly chart shows a complete bearish arrangement with heavy selling pressure above. The 4-hour indicators have entered the oversold zone, so the bears may cover and rebound at any time.
Risk warning:
If the price continues to drop, panic selling by bulls and cascading liquidation risks will quickly escalate. At this stage of a choppy washout market, contracts must be held lightly with strict stop-loss control.
What do you think? Will ADA bottom out and rebound next, or start a new round of decline?👇 Let's discuss in the comments!
#沃什强调通胀风险，9月加息预期升温 #BTC高位多空拉锯，黄金联动增强 #嘉信理财拟新增SOL、AVAX与LINK $ADA $BTC $SOL
Open interest in derivatives continues to decline, but the long-short ratio remains high. Retail investors are stubbornly bottom-fishing, and the bulls are still fighting hard.
Funding rates have not yet reached extreme levels, but the market frequently shows long upper and lower shadows, repeatedly stabbing back and forth. Clearly, the main players are repeatedly cleaning out high-leverage positions.
Technical patterns show contradictions. The weekly chart shows a complete bearish arrangement with heavy selling pressure above. The 4-hour indicators have entered the oversold zone, so the bears may cover and rebound at any time.
Risk warning:
If the price continues to drop, panic selling by bulls and cascading liquidation risks will quickly escalate. At this stage of a choppy washout market, contracts must be held lightly with strict stop-loss control.
What do you think? Will ADA bottom out and rebound next, or start a new round of decline?👇 Let's discuss in the comments!
#沃什强调通胀风险，9月加息预期升温 #BTC高位多空拉锯，黄金联动增强 #嘉信理财拟新增SOL、AVAX与LINK $ADA $BTC $SOL