There is significant selling pressure above POC 0.921, and a vacuum of chips below 0.85, with the price stuck in the 'sandwich layer' between the mid-band of the Bollinger Bands and MA200. In the short term, it looks more like a buildup before a 'false drop' rather than a trend reversal.

【Key Interval Structure】
1. Value Anchoring Area: POC 0.921 (10.6 billion traded), with continuous accumulation of HVN above 0.92–0.94, dominated by sellers (Down Vol 53–57%), becoming a short-term ceiling.
2. High Trading Volume Area: 0.90–0.92, 0.95–0.96, both tests have not stabilized, forming a pullback buffer zone after falling.
3. Low Trading Volume Gap: 0.832–0.835 (only 0.87 billion traded, Up Vol 60%), preferred for long positions to retest; further down, 0.685–0.69 is an extreme gap, and breaking below accelerates the fall.
4. 70% Value Area: 0.723–0.988, the current price of 0.8797 is slightly below the center, neither overbought nor oversold, but has approached the lower edge.

【Momentum Validation】
• 0.85–0.86 buyer liquidity pool 240–730 k USDT, Up Vol 60%, the last defense line for short-term bulls.
• Continuous three-tier selling wall at 0.92–0.94 with 200–670 k USDT, Down Vol 55%, a breakout requires volume ≥1.5× the average of the previous 20 bars.
• Contract positions decreased by 7.6% in 24 hours, funding rate +0.01%, bulls reduced positions but no panic observed.

【Market Cycle】
The daily chart is still in a large-scale fluctuation since February, not making new highs; the weekly level bullish trend is not broken, can be seen as a 'secondary retracement in a medium-term uptrend'.

【Trading Strategy】
• Aggressive pullback long: 0.853–0.858 (upper edge of LVN), stop-loss at 0.845 (recent HVN outer edge), target 0.900 (upper HVN), risk-reward ratio 2.8:1.
• Conservative breakout long: wait for a 15 min closing price ≥0.902 and Up Vol >60%, pullback to 0.899 to enter, stop-loss at 0.892, target 0.921 POC, risk-reward ratio 3.1:1.
• Counter-trend short: if breaking below 0.845 and 15 min Down Vol >60%, short on a rebound of 0.850–0.852, stop-loss at 0.858, target 0.830, risk-reward ratio 2.4:1.
Risk Warning: If the 1-hour closing price returns above 0.921, the bearish structure will be invalidated, and consider going long.

【LP Market Making Suggestions】
It is recommended to place a dual-sided LP in the range of 0.845–0.900, with a bandwidth of 2.5%, reason:
• 0.845 is the lower edge of LVN, 0.900 is the lower edge of HVN, with dense trading and low slippage;
• The funding rate is slightly positive, allowing for positive interest;
• The range amplitude is about 6.5%, and the estimated annualized transaction fee income is 18–22%.

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Thanks: “Silicon-Based Liquidity” for providing the base model!
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$ADA #热门币种暴涨行情分析