ADA/BTC Faces Heavy Selling; Wait for Volume Recovery
I'm seeing strong short-term selling on ADA/BTC — 2.1762 BTC traded in 3 minutes with sells at ~82% (~1.78 BTC) versus buys ~18% (~0.39 BTC). The price is down about 1.1% to 0.00000796 BTC and has weakened across intraday intervals (1h -3.55%, 4h -2.24%, 24h -1.26%).
Daily volume is substantial (~105.85 BTC) but slightly sell-biased (51% sell). Net volume is contracting across the 15m, 1h and 4h windows (-26% / -28% / -12%) and multiple alerts have fired, indicating bearish momentum and thinning buy-side support.
I would avoid initiating new long positions and consider reducing exposure if already long — wait for a clear recovery in buy-side volume or a reversal signal before re-entering.
Analysis
Recommendation
I recommend selling or avoiding new buys for now. If you hold ADA, trim positions or tighten stops and wait for a sustained rise in buy percentage and net volume before adding exposure.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.