$ADA Market Insight: What’s Really Happening?
Sometimes, all it takes is a break—a walk, a fresh perspective, and a cup of coffee—to see the market more clearly. Here’s what I noticed after stepping back:
Key Observations
1. Not Enough Long Squeezes for a New High
Last week’s movement lacked the intensity needed to push ADA into new high territory.
2. Yesterday’s Price Action Explained
The drop to 50% of the previous squeeze was a critical level.
The price didn’t go lower than that, but also didn’t exceed 50% of the day’s decline, signaling a neutral zone.
What happened? Position adjustment:
Some closed positions, others opened.
No major moves from big money—just distribution ahead of the weekend.
3. What Would Smart Money Do?
Likely push the price to $1.04 (near the 0.38 Fibonacci level).
Why? To create panic and tempt retail traders into opening shorts.
But here’s the catch: opening shorts = creating longs for smart money.
The Takeaway
The market’s current behavior points to careful manipulation by big players. If you’re thinking of jumping into short positions, consider who benefits from your move.
Your Turn
What’s your strategy for navigating ADA’s tricky waters this week? Let’s discuss!
Disclaimer: Not financial advice. Always DYOR.
