!!!Emergency Notice!!Emergency Notice!!!
ADA's continuous surge, can we still hold on? How high can it rise? I already have a clear answer in my mind.
What are the reasons behind the rise in ADA's price?
First, due to multiple macroeconomic factors and the strong performance of the technology-based coins, ADA has broken the downtrend, raising the price to a four-month high. On the 8th, it surged 33.7% to reach $0.436, outperforming other cryptocurrencies.
Second, with Trump's election as President of the United States, the rise of BTC and ETH has driven the overall cryptocurrency market up, and ADA has also benefited from this price increase.
Third, ADA's financing rates have skyrocketed; in the past 8 hours, ADA's open interest-weighted financing rate rose from the 7th to 0.0159%, the highest level since June 2024, indicating strong bullish positions.
Fourth, ADA is crucial; it has repeatedly failed to break through a critical level, which will determine whether it will plunge sharply or open up new upward space. Where is this level? I will reveal the answer in the comments later; you can also follow me to get the answer in advance.
We are not yet in a true bull market; the best time for you brothers to ambush has not yet arrived.
The current market's first round of rising has basically ended. How should we respond next? Click on the cooking page and follow for no-threshold announcements on spot, futures, and layout strategies.