ADA/BTC sell spike signals short-term weakness
I see a sharp selling spike on ADA/BTC: 1.7828 BTC traded in the last minute with ~98% of that as sells (-1.7298 BTC) and only 2% buys. The price is near 78 sats, down about 0.3% intraminute and roughly -3.8% over 24 hours and 4 hours.
Daily volume is 108.818 BTC split roughly 48% buys / 52% sells, while net volume has declined across short intervals (15m -33%, 1h -34%, 4h -18%). There have been multiple alerts (24h:10, 4h:2). This looks like short-term selling pressure without clear buying support.
Given the acute sell imbalance and weakening volume, I would avoid initiating new long positions and prefer to reduce exposure or wait for clearer stabilization and volume confirmation before buying.
Analysis
Recommendation
Avoid buying now and consider trimming positions or placing protective stops. Wait for volume recovery and a sustained shift toward buying before re-entering.
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.