Cardano ADA plummets 6%! Approaching $0.615, don't hold on to hope anymore!💥

Cardano (ADA) has dropped nearly 6% in two days, with the price now at only $0.650; continuing to decline is just a matter of time!📉 On-chain data is completely bearish: negative funding rates, short positions dominate, active addresses are also declining, and network demand is sluggish—it's practically giving you a signal to 'sell off'!😱

The technical indicators are even worse: ADA can't even break the resistance at $0.746, having retraced 8.3% in 12 days. RSI at 46, MACD has crossed bearish, and selling pressure is rampant. If it keeps falling, the low of $0.615 will soon be seen!💔

Warning: Buying now is not an opportunity for a rebound; it's like heading toward the earth's core with a rocket!