#数字资产市场观察 "Analysis of $ADA Trends: How Should We Play Now?"

First, the conclusion - the overall trend of $ADA is not very optimistic, and there is obvious downward pressure.

Looking at the on-chain data, it's clear that smart money has already started to withdraw. Funds are continuously flowing out, and market sentiment is relatively cold, that's a fact. But there's a pitfall here: short positions are piled up too high.

What does it mean? It means that everyone is waiting to short, which may instead lead to a squeeze. The more one-sided the market is in a bearish outlook, the easier it is to see a sudden reversal rally. So is it advisable to blindly chase shorts now? Not recommended.

A more stable approach is as follows: wait for a short-term rebound. When the rebound starts to lose momentum and the upward strength is obviously insufficient, look for a high point to set up a short position. Remember, you must set your stop-loss properly—during this kind of fluctuating market, risk control is more important than prediction.

Of course, if the market suddenly strengthens and the price breaks through key resistance levels, then you need to adjust your strategy immediately and not stubbornly hold on.

Technical analysis at a glance:
Current price: 0.3841 USDT
Resistance level: 0.3889 (very close now, be careful)
Resistance range: 0.4182 - 0.4227

Operation suggestion: If the price approaches 0.3889, consider placing a short order, but be sure to set a stop loss — once it breaks the resistance level, exit decisively. Don't bet against the market. $ADA