$ADA is about to start declining, possibly crashing!
Although I am trapped in this trade, I am not scared at all. If the daily line stabilizes at 98000, I will cut my short position. I believe there will be a rapid decline in the coming days for the following reasons: 1. The M-top formed from November 2024 to February 2025 will not be easily broken; 2. There are a lot of trapped sell orders around 98000; 3. The rise that started on April 7 did not form a driving wave; 4. Tomorrow is the 34th day of the Fibonacci sequence, and a large fluctuation is coming; 5. Every year in June and July, banks report mid-year results, capital will return, and risk assets will decline as a rule. Let's wait and see.