Family, today let's talk about the fluctuations of Cardano (ADA) and analyze the opportunities and risks involved.
First, let's discuss the operations of large holders and retail investors in the market. Those holding over 1 billion ADA have recently become a bit restless. Their wallet share has dropped from 5.43% to 5.02%, indicating a strong willingness to take short-term profits. It's like when the stocks in your hand have risen significantly, you might want to sell quickly to secure your gains, right? This is the mentality of the large holders now.
On the other hand, retail investors are showing a different attitude. There has been a continuous net outflow from exchanges, meaning more coins are being withdrawn than deposited, which indicates that retail investors prefer to hold their positions long-term. They may believe that ADA still has significant upside potential in the future, so they plan to hold on and wait. It's like when you are optimistic about a company's growth prospects, even if the stock price fluctuates a bit now, you are willing to hold its stocks long-term.
In the long term, by the fourth quarter of 2025, if the entire altcoin market recovers, along with the implementation of some projects in the Cardano ecosystem, such as collaborations with Microsoft and the smooth progress of the Remittix project, the target price for ADA could reach $1.50 - $2.00. If extremely favorable conditions occur, such as the approval of ETFs and successful integration of Bitcoin DeFi, ADA could even rise to $3.00, but it must first break through the critical price level of $1.30.
Finally, let me share a trading strategy for today. Brother Hao suggests shorting near $0.8810 - $0.8860, with a target looking down to $0.8708 - $0.8430. But everyone should remember that investment carries risks, and operations must be cautious. #sol