📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
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.