$ADA so step away from the computer, take a walk, refresh yourself, and after a cup of coffee, the market situation became clearer to me

in order to make a new high, last week was lacking long squeezes;

yesterday the price fell to a very notable level of 50% from the previous squeeze and did not drop below that, but also did not rise above 50% of yesterday's drop - these were not open short positions and not open long positions for big money - just a distribution of positions before the weekend - someone closed, someone opened, adjusted to neutral

if I were smart money, I would raise the price to the gap level of 1.04, which is very close to the 0.38 Fibonacci and would create panic for opening short positions - opening a short for me is a long for smart money - make your own conclusions