VIRTUAL loses 45% in a year – Can THIS stop the bleeding?

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Ah, Virtual Protocol. Once a star, now a fading comet whose orbit seems to get lower by the day. With demand plummeting faster than a lead balloon, it’s no surprise that the asset has taken a 45% dive this year. Oh, and don’t hold your breath for any recovery-the short-term future looks like it might just hit a wall, with a 15% drop in the last 24 hours alone. How utterly thrilling. 😏

As much as the bears are licking their chops, there’s one thing they can’t ignore: the chart is hinting that it might not all be doom and gloom. But really, who wants to bet on a unicorn in this market?

Virtual Demand Zone

Now, if you’re one of those still holding onto hope (bless your heart), you’ll be looking at the magical demand zone. We’re talking between $0.78 and $0.68. Can this zone save the day? Well, there are a few tiny little factors that could make or break it-namely the Accumulation/Distribution (A/D) indicator, that lovely little tool that tells us whether the masses are buying or, you know, panic-selling. 🐻

As of the moment, that A/D indicator is heading down faster than a skydiver without a parachute, suggesting that selling is ruling the roost. But before you start knitting your “RIP VIRTUAL” sweater, the A/D is still in the green, meaning we haven’t yet hit full-on “it’s over” territory. Keep those tissues tucked away for now. 🙄

Investors seem to be throwing a party of their own, dumping into that demand zone like it’s Black Friday at Walmart. Everyone seems to think this is the magic spot to hop back in. But let’s be clear: the A/D’s reaction when the price lands here will be the real showstopper. Will it bounce back up like a hero in a movie, or will it crash to the ground with all the grace of a lead piano?

Bad Time to Be Bullish

If you’ve been dreaming of a VIRTUAL recovery, it’s time to wake up and smell the liquidation stats. The current market is less “bullish rally” and more “run for your life”-and if you look at the liquidation data from CoinGlass, it’s like watching a slow-motion trainwreck. 🛑

Let’s break it down: For every $9 worth of long positions that get wiped out, short positions are raking in about $1,560. Yes, you read that right-a 1,560% advantage for the bears. Fancy that, huh? The market is so bearish it makes a panda look like a kitten.

Just in the last 24 hours alone, a humble $7,500 in long positions were liquidated, while $1.3 million worth of short positions took their victory lap. Meanwhile, the market continues to panic. It’s almost like everyone is trying to flee a sinking ship-but they’re only trading lifeboats. 😬

Oh, and let’s not forget that $13.97 million has quietly disappeared from the derivatives market. It’s like a magic trick: now you see it, now you don’t. If this trend keeps up, don’t be surprised if VIRTUAL continues its graceful decline toward the deepest pits of the price chart.

Will Spot Investors Be Wrong?

But wait-there’s hope for the eternal optimists among us. Spot investors have been scooping up VIRTUAL like it’s the last loaf of bread at a supermarket during a snowstorm. Since the start of the week, they’ve plopped down $1.23 million on the asset. 🥖

This doesn’t necessarily mean that we’re about to witness a fairy-tale recovery. But it does suggest that some brave souls are placing their bets on a rebound. Maybe, just maybe, they’re right. Or maybe they’ve been reading too many “How to Get Rich Quick” books. 🤷‍♂️

For now, it looks like we’re in for a bit of a drawdown before any “big rebound” drama. But who knows? The market could turn on a dime. Or not. Remain cautious, my friends, for the bears are lurking, and they’re hungry. 🐻

Final Thoughts

  • VIRTUAL is heading toward a key zone on the chart, which could determine the asset’s next move. Spoiler: It probably won’t be pretty.
  • Liquidation stats are firmly on the side of the bears, with $1.3 million in short positions recently closed. Don’t count your chickens yet.

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2025-12-01 21:22