#PORTAL Data analysis from Aice100 shows that when $PORTAL price is around $0.01423, the 24-hour price change is -8.49%.

My understanding is that the short-term trend is downward, and the weakness is accelerating.

The only concern is that the large investors' long and short positions are at a 65:35 ratio, clearly leaning bullish. The funding rate is -0.229%, indicating shorts are actively adding positions, and key support levels haven't held, so the rhythm may fluctuate.

The key level below is $0.0138, and above is $0.01459, which is the observation point for recovery.

Open interest: 244 million → 213 million (down 12.7%)

Large investors' long and short ratio: 0.49 → 0.46 (shorts dominate)

Active absorption: Active buy orders are dominant, with a net ratio of +2.6% (buying 993 million / selling 942 million)

Forum discussion activity: surged by 372.7% (22 → 104)