ADA technical chart shows a death cross signal, with a stark contrast between bullish and bearish forces. According to on-chain data, retail holdings on the Hyperliquid platform have a 72.4% long position ratio, while institutional positions on Crypto.com are 78.6% short—this significant divergence suggests the market may face a sharp correction.

Liquidation data further supports this. In the past 24 hours, long position liquidations are 5.5 times higher than short liquidations, and recent liquidations are almost entirely long positions. This indicates that behind the upward rally, major funds may be exiting at the highs.

On the technical side, ADA has confirmed a downtrend. Analysts predict that if the support level is broken, the target prices will sequentially fall to 0.3400, 0.3150, and potentially reach 0.2850. Market rebounds often serve as opportunities for short positions—retail traders' bullish enthusiasm contrasts sharply with institutional shorting strategies.

In such a heavily skewed long-short landscape, risk control and probability management become key to trading.