ADA's current situation looks quite strange — on one hand, the bearish forces have accumulated to an astonishing 75.6% at a major exchange, while on the other hand, the technical RSI has already fallen into the extremely oversold region. The bulls have almost no breathing room here, and liquidations are happening frequently.

The current price hovers around 0.401, which is a delicate position. From a technical perspective, the level of overselling does suggest a potential rebound. But this is also the hunting ground for the bears — every rebound could become a better shorting opportunity.

Based on the current analysis, a prudent approach is as follows: consider opening a short position when the price rebounds to the 0.408-0.412 area, with a stop-loss set at 0.416, and initially target 0.392. If the price directly breaks below 0.398, you can also add to your short position.

In this battle between bulls and bears, the main funds' attitude is very clear — they have already exited the market. Retail investors are still stubbornly holding long positions, which is essentially going against the trend. Trading ultimately remains a game of probabilities; the time to act is when the high-probability opportunity appears. The 0.325 zone might become the landing point of this wave of decline.