2025-12-25 20:23:42

Cardano staged a surprising downturn today that caught many bulls off guard. In just one hour, the total amount of long positions closed was approximately $167,850, while short positions only closed $243, highlighting how fierce the market's unilateral trend has been.

Although the cryptocurrency market experienced a rebound earlier, ADA still couldn't avoid the decline, with its price dropping to around $0.35. More painfully, trading enthusiasm during the holiday period has noticeably decreased—trading volume was halved from previous levels to just $380 million.

On Christmas Day, the entire crypto market exhibited typical holiday characteristics: high volatility but unclear direction, with liquidity stretched thin. Traders are now watching two things—first, the large number of expiring options contracts, and second, whether the so-called "Santa Claus rally" circulating in the market will arrive as expected. In such uncertainty, the subsequent trend warrants close attention.

ADA-2,28%

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MaticHoleFiller

· 12-28 16:16

The bulls got cut again. When will they finally learn? ADA really underperformed this time, can't even hold 0.35 What are you doing for Christmas? Just watch the options explosion show Sell, sell, sell. Wait for a worse drop to buy the dip This trading volume was cut in half, the liquidity is hilarious. Who would dare to take the bait?

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MetaMisery

· 12-27 19:02

Longs are slaughtered again. This drop was really sudden and unexpected. I'm impressed with ADA's performance. Will it continue to fall below 0.35? Is this how holiday market行情 is? With such poor liquidity, how do you trade? Santa Claus行情 is a joke, things you can't wait for. 167 million dollars liquidated at $243, what a huge gap. Holidays are indeed a testing ground; no one dares to take the risk. Will the volatility before options expiration end here? Trading volume has halved. Are traders really just bored or have they all left? Where is the promised rebound? It was just a moment before being slapped in the face. This is the holiday characteristic: chaotic volatility and poor liquidity.

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OnchainHolmes

· 12-25 20:53

The bulls got caught again. Is this the Christmas gift... A direct drop of 0.35, with a liquidation order of 167k. Truly tragic. Where's the Santa Claus market? I think it's more like Santa Claus harvesting the market. LOL. With such poor liquidity, still daring to go long. Truly brave.

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GraphGuru

· 12-25 20:53

Oh no, the bulls got crushed again. This holiday market is really incredible... ADA dropped straight from the rebound to 0.35, and trading volume was halved. That's outrageous. Santa Claus market? I think it's more like a "bad guy" Santa market. With liquidity dried up, who dares to move? A long position of 1.67 million USD was liquidated, while the short position is only 243 contracts? That gap is quite significant. Options are about to expire, there might still be some turbulence. Let's wait and see...

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SerumSqueezer

· 12-25 20:41

ADA's recent plunge is truly outrageous, with bulls directly exploding... Where's the promised Christmas rally, and where did all the liquidity go?

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