The post VIRTUAL loses 45% in a year – Can THIS stop the bleeding? appeared on BitcoinEthereumNews.com. Virtual Protocol, once a high-performing asset, has faced significant challenges as demand continues to drop. In the past year alone, the asset has plunged by 45%, and the short-term outlook also remains bleak, with a 15% decline recorded in the past 24 hours. Short-term sentiment appears to be deeply inclined toward the bearish side, making further decline increasingly plausible. Virtual demand zone Chart analysis shows that Virtual [VIRTUAL] is now heading to a critical level that will further determine its short-term outlook. This zone, between $0.78 and $0.68, should ideally act as a demand region for price. However, several factors could influence its effectiveness. This tendency depends on multiple indicators, one of which is the Accumulation/Distribution (A/D) indicator, often used to determine whether investors are selling or buying. Source: TradingView At the time of writing, the A/D indicator continues to fall, suggesting that selling activity outweighs buying pressure. On the brighter side, the A/D still remains in positive territory, indicating that overall sentiment has not yet fully turned negative. Investors appear to drive a decisive sell-off into the demand zone on the chart, as many already view this region as a more favorable level to re-enter the market. However, the A/D reaction once price trades into this zone will be most important. An upward move could signal a rebound, while continued weakness could confirm further downside. Bad time to be bullish The likelihood of a VIRTUAL drop remains high, given the current liquidation data. Information from CoinGlass shows that it is currently more profitable to remain in short positions than long positions under the prevailing market conditions. Putting this into perspective, for every $9 worth of long positions liquidated, approximately $1,560 in short positions have been closed. This wide disparity highlights the market’s strong bearish tilt. Source: CoinGlass In the… The post VIRTUAL loses 45% in a year – Can THIS stop the bleeding? appeared on BitcoinEthereumNews.com. Virtual Protocol, once a high-performing asset, has faced significant challenges as demand continues to drop. In the past year alone, the asset has plunged by 45%, and the short-term outlook also remains bleak, with a 15% decline recorded in the past 24 hours. Short-term sentiment appears to be deeply inclined toward the bearish side, making further decline increasingly plausible. Virtual demand zone Chart analysis shows that Virtual [VIRTUAL] is now heading to a critical level that will further determine its short-term outlook. This zone, between $0.78 and $0.68, should ideally act as a demand region for price. However, several factors could influence its effectiveness. This tendency depends on multiple indicators, one of which is the Accumulation/Distribution (A/D) indicator, often used to determine whether investors are selling or buying. Source: TradingView At the time of writing, the A/D indicator continues to fall, suggesting that selling activity outweighs buying pressure. On the brighter side, the A/D still remains in positive territory, indicating that overall sentiment has not yet fully turned negative. Investors appear to drive a decisive sell-off into the demand zone on the chart, as many already view this region as a more favorable level to re-enter the market. However, the A/D reaction once price trades into this zone will be most important. An upward move could signal a rebound, while continued weakness could confirm further downside. Bad time to be bullish The likelihood of a VIRTUAL drop remains high, given the current liquidation data. Information from CoinGlass shows that it is currently more profitable to remain in short positions than long positions under the prevailing market conditions. Putting this into perspective, for every $9 worth of long positions liquidated, approximately $1,560 in short positions have been closed. This wide disparity highlights the market’s strong bearish tilt. Source: CoinGlass In the…