Cardano（ADA）鲸鱼在本季度做出了最大的举动。这是市场数据显示的

大型持有人在短短48小时内积累了超过1.2亿ADA令牌。当Ada交易$ 0.60至0.72美元时，购买狂欢发生了。

Cardano whales have made their biggest move this quarter, accumulating over 120 million ADA tokens in just 48 hours, data from DeFiLlama shows.

Defillama的数据显示，Cardano鲸鱼在本季度做出了最大的举动，在短短48小时内积累了超过1.2亿ADA令牌。

The large-scale buying activity occurred as ADA traded sideways between $0.61 and $0.72, suggesting institutional or high-net-worth investors are positioning for a strategic play with a focus on minimal price variance.

大规模的购买活动发生在ADA侧面交易0.61至0.72美元之间，这表明机构或高净值投资者正在为战略发挥而定位，重点是最小价格差异。

Despite the massive volume of tokens changing hands, the cryptocurrency’s price remained largely stable, indicating strong confidence in the asset class persists even without major market movements.

尽管代币易手的大量，但加密货币的价格仍基本稳定，这表明即使没有重大的市场变动，对资产类别的信心仍然存在。

Indeed, data from Glassnode shows that these whales are backing their accumulation activity with futures activity. Taker Buy Dominance has turned positive in the derivatives market, reflecting more buying pressure in futures compared to selling pressure.

实际上，玻璃节数据的数据表明，这些鲸鱼正在通过期货活动来支持其积累活动。 Taker Buy Buy Dominance在衍生品市场上的占主导地位，反映出与销售压力相比，期货的购买压力更大。

Additionally, the 90-day Cumulative Volume Delta remains positive and continues rising, showcasing sustained buying pressure across both spot and futures markets.

此外，90天的累计数量增量保持积极状态并持续上升，展示了在现货和期货市场上持续的购买压力。

Finally, the OI-Weighted Funding Rate for ADA moved into positive territory at +0.0109%, which means that long traders are now paying to hold their positions.

最后，ADA的OI加权筹资率升至 +0.0109％的正面，这意味着长交易者现在正在付费以担任其职位。

This is a significant shift, as funding rates have been neutral or negative for several months, indicating a change in market sentiment from neutral to bullish.

这是一个重大转变，因为几个月的资金率一直是中性或负面的，这表明市场情绪从中立变成看涨。

Liquidation data further reveals the impact of whale accumulation on market structure. Over the past 24 hours, short liquidations totaled $251.21K compared to just $8.94K in long liquidations.

清算数据进一步揭示了鲸鱼积累对市场结构的影响。在过去的24小时内，短清算总额为251.21k美元，而长量清算仅为8.94k美元。

This imbalance caught many bearish traders off guard as they faced unexpected losses with the rapid price increase.

这种不平衡使许多看跌的交易者措手不及，因为他们遇到了意外的损失，价格迅速上涨。

As the whales drove prices up, traders who shorted ADA at lower levels got liquidated, amplifying the bullish momentum.

随着鲸鱼的价格上涨，在较低级别上缩短ADA的交易者被清算了，从而扩大了看涨的势头。

The cascading liquidations poured fuel on the fire, propelling ADA to even higher highs.

级联的清算将燃料倒在火上，将ADA推向更高的高点。

ADA is currently trading hands at $0.7242 and is testing the upper boundary of a long-term falling wedge pattern.

ADA目前的交易价格为0.7242美元，正在测试长期掉落楔形模式的上边界。

Previous attempts to break this level have been rejected multiple times, but the combination of accumulation, liquidations, and momentum has pushed the cryptocurrency into a potential breakout zone.

以前的打破该水平的尝试已被多次拒绝，但是积累，清算和动量的结合将加密货币推向了潜在的突破区。

A break above the wedge could open the door for a move towards the $0.8446 resistance level, which is the next key Fibonacci level.

楔形上方的突破可以打开门，以朝着$ 0.8446的电阻水平迈进，这是下一个密钥斐波那契水平。

MACD indicators on the daily timeframe show early signs of recovery, but the wedge pattern remains valid until a confirmed breakout occurs.

每日时间框架上的MACD指示器显示了恢复的早期迹象，但是楔形模式在确认的突破之前保持有效。

Technical analysis suggests that ADA may target liquidity below current levels before bouncing. Lower timeframe structure could provide confirmation signals for the next directional move.

技术分析表明，ADA可能在弹跳之前将流动性靶向低于当前水平。较低的时间范围结构可以为下一个定向移动提供确认信号。

The demand zone underneath current prices could act as support for a potential bounce, and smart money is often seen targeting these liquidity pockets before major moves.

当前价格下方的需求区可以支持潜在的反弹，并且经常看到智能货币将这些流动性口袋定位在重大行动之前。

On the 4-hour timeframe, price action has been intense with strong downward pressure, but the higher timeframe structure maintains its bullish bias.

在4小时的时间范围内，价格行动一直在强烈的下降压力，但较高的时间范围结构保持了看涨的偏见。

The recent whale accumulation aligns with multiple bullish indicators across derivatives markets. Taker Buy dominance, positive funding rates, and retail confidence all point towards a potential shift in trend.

最近的鲸鱼积累与衍生品市场的多个看涨指标保持一致。 Taker购买优势，积极的融资率和零售信心都指向趋势的潜在转变。

However, ADA must maintain momentum and break past key resistance to confirm trend continuation. The coordination between accumulation and market structure changes suggests that a larger move may be in preparation.

但是，ADA必须保持动力并超越关键阻力，以确认趋势继续。积累与市场结构变化之间的协调表明，可能正在准备更大的举动。