$ADA 🔥 Reasons for the Surge

1️⃣ News stimulus: Bloomberg reports 'The SEC may approve a spot ETF for ADA' (not yet confirmed)

2️⃣ South Korea frenzy: Upbit exchange's ADA trading volume accounts for 60% of the global total, with a premium over 5% in KRW, retail investors FOMO into buying

3️⃣ Short squeeze: The surge triggered $360 million in short positions being liquidated, exacerbating the rise

⚠️ Risk Warning

▫️ ETF rumor not confirmed: If there is no official confirmation within a week, a significant drop is likely

▫️ Abnormal trading volume: 70% of the price increase driven by retail investors in South Korea, while European and American funds have not followed suit

▫️ Ecosystem lagging: Cardano chain's TVL (Total Value Locked) has decreased by 15%, lacking actual support$

Keep a close eye on two lifelines:

✅ Official ETF news (SEC official website)

❌ Disappearance of Upbit premium (warning of Korean funds withdrawal)

📌 Mnemonic: 'Sudden surges have many traps, retail investors should remain calm when prices rise'

If you already hold positions, stop loss immediately if it breaks $0.8 (three-day lowest point)! #主流币轮动上涨 #以太坊创历史新高倒计时