$ADA Giant Whale Smashes 28 Million with Left Hand, Fishing with Right Hand! Will Tonight's Surge Explode or Will It Bleed Profusely?
ADA's two-hour chart reveals a 'Volume Drought', MACD dead cross flying close to the ground, is the dog trader sharpening their knife or staging a counterattack? Three moves to tear apart the bulls and bears' hidden cards!
1. Latest News + On-chain Data Express
1. Giant Whale Explosion: In the early morning, a certain address smashed 28 million ADA into Binance, causing a 7% price crash within 5 minutes, marked on-chain as 'Big Holder Liquidating and Running';
2. Technical Explosion: The Cardano team confirms that the smart contract vulnerability fix is delayed until next month, the originally scheduled 'Hydra Upgrade' is indefinitely shelved, and the community is furious, calling it 'Technical Fraud';
3. Regulatory Blade: A certain country has classified ADA as 'Illegal Securities', causing the daily trading volume on exchanges to plummet by 60%, with liquidity exhaustion alarms ringing.
2. Three Deadly Signals from a Technical Perspective!
1. Moving Average Dead Cross: Trading volume guillotine, MA5 (37.15 million) dead cross MA10 (34.60 million), the volume moving average forms a 'guillotine', the last occurrence saw ADA drop 40% in a week; price is stuck at 0.74-0.72, volume shrinks to nothing: 'Sideways with no volume, the dog trader is either accumulating or laying traps'.
2. MACD Lying Down: Both bulls and bears are collectively slumping, DIF (-0.0025) and DEA (-0.0001) are stuck to the floor, MACD bar shrinks to -0.0047, thinner than an ant's leg;
On-chain Evidence: The perpetual contract funding rate has dropped to -0.01%, with shorts paying to hold positions, the market is completely silent.
3. Volume-Price Duet: Dog trader is openly fishing, the current two-hour real trading volume is 16.63 million coins, less than half of MA5, while estimated volume is blown up to 22.93 million;
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