$ADA Giant whale shivers, retail investors filling the deep pit! Can the 0.85 dollar defense line withstand the selling pressure of 120 million coins tonight?
Brothers, today ADA's four-hour chart is moving slower than a sloth! The price is stuck around 0.8467 dollars, lying flat, with a dense cluster of trapped positions above at 0.85 dollars, and the support line below at 0.51 dollars is as fragile as potato chips, it's a complete 'long and short tearing each other apart, retail investors filling the pit' market. Veteran investors understand, at times like this, you either wait for the big players to pump the price, or wait for news to explode; we need to keep a close eye on three key factors — volume, MACD, and the giant whale!
1. Latest news!
1. A giant whale dumped 120 million ADA (over 10 million dollars) into Binance early this morning! This move is quite suspicious — is it preparing to dump or to change positions? Considering the Cardano ecosystem has been quiet recently, this level of transfer is 90% likely to be a big player lurking, beware of a spike in contracts early morning!
2. The number of active addresses on the ADA chain plummeted by 20% in a week! The project team is just painting a rosy picture without any action, and the community is filled with complaints. Buying the dip? Be careful of buying halfway up the mountain and becoming cannon fodder!
2. Technical aspects!
1. MACD is a cold shower — DIF (0.0277) crossed below DEA (0.0286), and the histogram dropped to -0.0019. This is not a buildup of strength; it’s clearly a bear sharpening its claws! The trading volume reveals the truth — current transactions at 25.72 million, compared to the 5-day average of 140 million, it's like being cut down at the ankles, it's as cold as an Antarctic ice cellar! The mantra: Don't enter above 0.85; set a stop loss at 0.86; if it breaks below 0.5 with increased volume, directly remove it from your favorites!
2. Volume mysticism — low volume sideways trading hides nuclear bombs, the market is cold enough to hear a pin drop, but there are 800 million zombie orders piled up in the 0.8-0.85 range, strong evidence of big player manipulation! Remember: 'low volume sideways = big players sharpening their knives', keep an eye on two signals — explosive volume breaking 140 million: blindly follow, it’s either a sudden surge or a bloodbath! Volume dropping below 20 million: lie flat, waiting for the giant whale to flip the table!
3. Moving average pressure — 1 dollar becomes a century tombstone, MA5 (140 million) and MA10 (129 million) are pressing down hard, especially near 0.85 dollars, it’s all the graveyard grass of last month’s chasing-up martyrs. Want to make a comeback? Unless Cardano suddenly announces a partnership with Vitalik Buterin, otherwise, a rebound to 0.83 will definitely be smashed to bits! Beware of the false breakout: fake breakouts lure in longs, spike and explode the bulls!
I am Chan Zhong Tan Zen, supported by a top-notch team, serving only those with vision and ambition!