【Is ADA making a comeback? Short-term fluctuations ≠ losing the future!】
Cardano ($ADA) experienced a pullback this week, dropping from a high of $0.8645 to $0.7353, at one point falling over 3%.
But is this really a bad sign? I don't think so —
Let's break down the logic behind it:
This decline is not due to a deterioration in ADA's fundamentals, but rather a result of macroeconomic uncertainty in the United States + a market-wide liquidation wave of $298 million leading to an emotional pullback.
The high point of this week's rise is actually a true reflection of the market's “increased risk appetite” — $ADA once led the mainstream coins.
The current decline is essentially a “profit-taking,” not a “trend reversal.”
Here's the key point:
Although ADA has continued to decline over the past three days, the volume has gradually decreased during the pullback,
and support around the $0.735 area has stabilized, currently brewing potential for a second upward movement.
If you are a trend trader, the area around $0.735 is a key observation zone;
If you are a value holder, this pullback is another wave of “cheap chips” to get into ADA.
My viewpoint is:
In a market with a total market capitalization of $3.28 trillion, projects like Cardano that have real ecological support,
as long as the market doesn’t completely turn bearish, will eventually have their moment of main upward trend lift.
Don’t be scared off by short-term bearish candles; those who truly make big profits are often those who dare to enter the market when there’s “no heat.”
In summary: “Fluctuations are meant to cleanse floating chips, the bottom is for laying out strategies, not for complaining.”
