1. Current Recommended Direction
- A clear recommendation was made to short ADA, with an opening price of 0.2851, and an additional 11,404 contracts were added at 9:01, demonstrating a firm bearish stance on the downtrend.
- There was no mention of "overextending the rally," "waiting for a pullback," or "tentative entry," indicating an overall bias towards actively shorting, with prices expected to continue declining.
2. Position and Risk Management Recommendations
- It is recommended to short with a large short, with leverage as high as x20 and a total position exceeding 1.4 million, which is considered an aggressive position-adding operation.
- The current overall position is only 5.57%, indicating that the short position in ADA is... in the cross margin allocation.