ADA Impact $1, Who's Behind the Scenes?

Cardano ($ADA) has seen a pullback of over 10% this week, but the real story is just beginning...

From a technical perspective, $0.74 has become a key support level, and the price is still consolidating within an ascending channel—what does this mean? It's a preparatory phase for a potential breakout.

The biggest signal behind this is that whales have already positioned themselves:

In just the past 48 hours, large wallets have swept up 80 million ADA, which is not retail behavior, but rather "strategic accumulation."

Even more exciting: ADA is expected to team up with Litecoin to venture into DeFi, which not only expands the ecosystem but also provides a new anchor point for its valuation.

Expectations for ETFs are also brewing. Regulatory authorities in Brazil have frequently hinted at an "open attitude," and once approved, it could ignite another round of valuation reconstruction.

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