隨著賣方主導市場，Cardano（ADA）的價格處於壓力下。價格降低了10.05％

加密分析師Ali警告說，Cardano的價格正以平行渠道的價格打破。他指出，ADA必須迅速收回0.67美元，以避免進一步下降。

Cryptocurrency market breadth is shifting as Bitcoin price hovers over the $90K level. Notably, the recent decline of BTC price has applied additional bearish pressure on the overall crypto market.

由於比特幣價格徘徊在90,000美元的水平上，加密貨幣市場的廣度正在轉移。值得注意的是，最近的BTC價格下跌已在整個加密貨幣市場上施加了額外的看跌壓力。

The selling pressure persists as the price declined by 5.42% in the intraday and continues to fall. A failure to push past the 20-day EMA set the stage for a pullback.

銷售壓力仍然存在，因為盤中的價格下降了5.42％，並且繼續下降。未能超越20天的EMA為回調奠定了基礎。

Cardano price has pulled back from the 50% retracement level of $0.7746 and is aligning with the 38.20% Fibonacci level. If the price fails to hold above it, then the next support level is $0.60 a psychological level.

Cardano Price已從50％的回撤水平撤回$ 0.7746，並且與38.20％的斐波那契水平保持一致。如果價格不高，那麼下一個支持水平為0.60美元的心理水平。

Cardano breaks down from parallel channel

卡爾達諾從平行渠道分解

Crypto analyst Ali warns that Cardano price is breaking below a parallel channel. He notes that ADA must reclaim $0.67 quickly to avoid further decline.

加密分析師Ali警告說，Cardano的價格正以平行渠道的價格打破。他指出，ADA必須迅速收回0.67美元，以避免進一步下降。

According to his analysis, the price may fall to $0.53 unless a swift market recovery happens.

根據他的分析，除非發生迅速的市場復甦，否則價格可能會降至0.53美元。

"As I mentioned in my previous post, #Cardano is breaking down from the parallel channel and needs to reclaim $0.67 quickly to avoid lower prices.

“正如我在上一篇文章中提到的那樣，#Cardano正在從平行渠道中崩潰，需要快速回收0.67美元以避免價格降低。

If the price fails to hold above the 38.20% Fibonacci level, we may see a continuation of the decline to the 23.60% Fibonacci level or even the psychological support at $0.50."

如果價格未能超過38.20％的斐波那契水平，我們可能會發現下降幅度下降至斐波那契水平的23.60％，甚至是心理支持，為0.50美元。”

Investors remain indecisive as the funding rate decreased by 0.0045%. The markets show a great deal of reluctance.

由於籌資率下降了0.0045％，投資者仍然優柔寡斷。市場表現出極大的不情願。

Furthermore, Open interest has decreased to $544.94 Million, reflecting a 15% reduction. Lower open interest indicates that traders are reducing their positions, reflecting a lack of confidence in price stability.

此外，開放利息已減少到5449.4萬美元，反映出減少了15％。較低的開放興趣表明，交易者正在減少其頭寸，反映出對價格穩定的信心不足。

However, some traders still have high expectations on Cardano’s prospects in the market. The long-to-short ratio remains at 0.9216 which still indicates buy signals.

但是，一些交易者對Cardano市場前景的期望仍然很高。遠程比率保持在0.9216，但仍表示購買信號。

On Binance, the Long to Short ratio has spiked higher at 2.73 indicating that traders have a bullish outlook.

關於binance，長期與短期的比例更高，為2.73，表明交易者的前景是看漲的。

Additionally, increased liquidations have affected the market. This has led to market turbulence and most of the traders pull out their stakes from the market.

此外，清算的增加影響了市場。這導致了市場的動盪，大多數交易員從市場上掏出了股份。

However, as levels of liquidation arise, the volatility could continue to be a long-term phenomenon.

但是，隨著清算水平的出現，波動率可能繼續是一種長期現象。

SE acknowledged Cardano ETF proposal

SE認可Cardano ETF提案

The SEC has acknowledged a 19b-4 filing for a Cardano exchange-traded fund. NYSE Arca, which is a subsidiary of the NYSE Group, filed this proposal.

SEC已確認為Cardano交易所交易基金提交了19b-4的申請。 NYSE ARCA是NYSE集團的子公司，他提出了這一建議。

The filing proposes to obtain SEC permission for trading Grayscale's Cardano Trust shares on the covered exchange, in accordance with unlisted equity provisions of NYSE Arca Rule 8.201-E.

該文件建議根據NYSE ARCA規則8.201-E的未列出權益規定，以獲得SEC的交易許可。

If approved, the ETF could drive adoption among institutional investors which would be beneficial to Cardano.

如果獲得批准，ETF可能會推動對Cardano有益的機構投資者的採用。

Higher institutional participation results in increased price and market stability. Investors are now waiting for more updates from the governmental bodies. Such a development could alter the general perception of the market and draw more buyers in.

較高的機構參與導致價格和市場穩定性提高。投資者現在正在等待政府機構的更多更新。這樣的發展可以改變市場的普遍看法，並吸引更多的買家。