$ADA Giant Whale Slams 7 Million in Nuclear Bombs! Is 0.86 the Iron Ceiling or is there another mystery?
ADA is stuck at 0.82, playing 'tightrope walking at high altitude', MACD false golden cross + giant whale dumping 7 million - is the main force drawing a picture to lure in buyers, or is it the last carnival before retail investors take over?
1. Technical Analysis: Three sets of signals expose the main force's tactics!
1. MACD golden cross is falsely inflated, purely the operator's illusion; the current DIF barely touches the DEA, MACD bars have turned red, but the height of the bars is only 10% of the previous period, a typical 'false golden cross'! Experienced investors know that a golden cross without volume is all bubble; the operator is manipulating volume, just waiting for retail investors to jump in and take over.
2. Trading volume is ankle-cutting, prices rely entirely on hype; actual trading volume is 14.83 million ADA, estimated volume is 18.24 million, directly resulting in a knee-cut compared to the 5-day/10-day average volume. An increase without volume is just playing tricks! The operator can casually dump 3 million ADA, and the price can plummet 5%, leaving retail investors with nothing!
3. Moving averages are disconnected, price suspended will inevitably crash; current price is 0.82, MA5 and MA10 are still lying dead at the foot of the mountain, the price and the moving averages are as disparate as Musk and Zuckerberg fighting!
2. News Front - Three Big Knives Hanging!
1. Giant Whale's clear dump: On-chain evidence shows that a certain address transferred 7 million ADA to Binance 3 hours ago, this magnitude is enough to cause ADA to drop 5% instantly;
2. Ecological stagnation: Cardano’s mainnet DApp weekly activity plummeted by 25%, the community angrily criticizes 'technical hype', funds are fleeing to SOL, ETH;
3. Overall market finishing off: BTC is stuck around 10.3K, playing dead, altcoins are collectively crashing, and ADA is hard to escape the downward spell.
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