In the current encryption market, many investors' attention is focused on the trend of Bitcoin ( BTC ), anticipating the start of a new round of market activity. However, outside the market's focus, a familiar figure is quietly gathering strength—Cardano ( ADA ) is silently preparing to enter people's view.



In this round of market trends, ADA has shown a unique market stance. Like a performer patiently waiting at the edge of the stage, market participants have begun to whisper: is this project about to stage an astonishing "comeback" performance?

Interestingly, while the mainstream focus is on the next price breakout point of BTC, Cardano is quietly brewing its own breakout point.

Joao Wedson, CEO of Alpharactal, recently analyzed that the buying and selling strength of ADA is showing an unusual "reversal" signal, and historical data indicates that such indicators often appear on the eve of significant price increases.

From a technical perspective, the charts of the ADA/USDT and ADA/BTC trading pairs show that the pressure indicators have shifted from the "selling pressure zone" that persisted for several months to the "bullish zone". It is worth noting that similar technical patterns appeared in 2020 and 2021, which subsequently triggered significant upward movements.

In short, Cardano's current "silence" may not be a decline, but rather an accumulation of energy for the next breakthrough.

However, this does not mean that Bit has lost its market dominance. Although BTC has corrected about 6% from the high of $111,814 set last month, its fundamentals remain strong. The competition in the encryption market is still ongoing, and investors need to closely monitor the mutual impact of these two projects on future trends.
BTC-2.37%
ADA-4.69%
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AlwaysAnonvip
· 06-23 03:12
The classic Be Played for Suckers is back, right?
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SatoshiNotNakamotovip
· 06-22 14:14
Still blowing up ada? It's been trapped for three years.
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DefiPlaybookvip
· 06-20 04:52
Are there really suckers still trading ADA?
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StakeOrRegretvip
· 06-20 04:49
ada go go go!!!
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AdaDogvip
· 06-20 04:34
ADA trash is just trash, yet they speak so nicely about it.
View OriginalReply0
UncleLiquidationvip
· 06-20 04:33
The long positions area looks like a grave.
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OffchainWinnervip
· 06-20 04:30
Is ada going to da moon again?
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