Wang Pang combines the latest ADA market trends to provide investors with a reference from the technical perspective, capital movements, and macro factors:

1. Technical Support and Patterns

ADA is testing the key support level of $0.80 (which is also the 100-day moving average), and this position holds significant psychological and technical meaning. If it breaks down (especially if the hourly closing prices continue below this level), it may trigger more selling, potentially dropping to $0.70 or even $0.60. The overall pattern is currently weak, and buyers are struggling to control the market. Unless there is a quick rebound above $0.85, the short-term risk of decline is high.

2. Market Sentiment and Trading Volume

The overall crypto market is cautious, with ADA's daily trading volume continuing to decrease, indicating a decline in participation enthusiasm. In a low liquidity situation, if selling pressure occurs, ADA may experience more significant volatility.

3. Whale Activity and Selling Pressure Risk

Historical data shows that the actions of large ADA holders (whales) significantly impact the price. For example, in April 2025, a whale sold 120 million ADA within 48 hours, directly causing the price to drop. Although there is currently no completely consistent real-time data, the risk of large sell orders remains, which could pressure the price in the short term.

4. Correlation with External Markets

ADA's price is closely related to Bitcoin (BTC) and the overall sentiment in the crypto market. Currently, BTC is facing a directional choice within the range of 107,000 - 113,000. If BTC declines, it is likely to drag down ADA and other altcoins further. Additionally, significant fluctuations in traditional stock markets, such as A-shares, may also affect risk appetite, leading funds to flow from high-risk assets to defensive sectors, putting pressure on the crypto market.

Wang Pang suggests: Short with light positions around 0.8182—0.8162, targeting 0.8112—0.8072. Lastly, a reminder: the market changes rapidly, so defense is crucial; preserving capital is the most important. #ADA