Stunning reversal! After being devoured by a whale with 240 million $ADA , is $0.64 the lifeline for bulls?
$0.64 has become the lifeline for ADA—every penny up results in a 30 cent drop! The shrinking volume and downward trend are turning bottom-fishers into dried leeks.
1. Latest news highlights three major points!
1. Increased holdings confirmed (latest data): the top ten addresses bought 120 million ADA in 48 hours.
2. 38 exchanges' reserves decreased by 9% in a single week.
3. Ecological restoration: Cardano's on-chain TVL dropped by 8% weekly, developer inflow: Cardano's weekly active developers increased by 12% month-on-month.
2. Technical aspects face triple strangulation!
1. MACD bears intensifying; DIF: -0.0003 death cross, DEA: -0.0007, green bars expanded to 0.0011. Key signal: daily MACD forms a death cross underwater, with a historical probability of 90% continuing the downward trend.
2. Trading volume continues to shrink, actual volume 82,000 hands compared to the 20-day average of 153,000 hands (completion rate only 54%). Volume-price divergence: trading volume decreased as prices rebounded, clear signs of bear control. Moving average pressure upgrading.
3. MA5 has moved down to 0.368 (current price 0.63, a difference of 4.9%). Harsh reality: the rebound highs over the past five trading days have not broken through MA10.
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