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Recently, the market has been quite heartbreaking. Some people chased the highs and got trapped at high levels, crying out loud, while others have been shouting for zeroing out every day. But have you noticed the ADA line? It has been consolidating sideways for an entire week, moving so flat that it’s almost boring. Many people couldn’t hold their patience and cut losses to escape. The problem is, as soon as you turn around, you see it start to rally. That feeling is truly uncomfortable.
This sideways consolidation may seem boring, but it actually hides some very important technical signals. It’s a typical low-position accumulation pattern, with moving averages fully converged, and trading volume continuously shrinking — indicating that the bulls and bears have temporarily reached a balance. Once this balance is broken, it’s the start of a trend. Instead of chasing those coins that suddenly surge, it’s better to look for opportunities in these low-breakouts, as the certainty is much higher.
From a data perspective, when the entry cost is around $0.3933, the first target is set at a 110% increase. Yesterday, this target was already achieved, and it wasn’t a small test but a genuine breakout driven by volume. Breakouts driven by accumulated volume usually indicate a strong continuation of the subsequent trend.
Market conditions are never absolute, only more probable directions. Grasping this rhythm from low-position accumulation to breakout is much more rational than blindly chasing highs.