$ADA and $XRP , from the weekly level perspective, are both typical in-flight refueling postures. The adjustment trend in the first half of the year did not drop back to the origin like others are now; instead, the weekly level has been consistently supported. Recently, after XRP broke a new high in advance and then retested, it is estimated that this time it is ADA's turn to break through last year's high. In the short term, 1.1 and 1.3 are both key positions. ADA still has a lot of space to reach its historical high, and the market should have some sustainability. This coin, ADA, has always been heavily controlled by whales, and it has often experienced one-sided market trends, making it one of the altcoins most likely to break past its previous high in the current view.

$ADA has been lingering for so long, but finally got up. Recently, I have also been slowly buying alongside large holders on the chain. The biggest criticism of ADA right now is that everyone thinks ADA is a worthless coin with no ecosystem, but every bull market, ADA will rally, just like XRP, and it will not miss the market. The reason I chose ADA is that I have my own logic.

First, from a technical mid-term trend perspective, as long as the weekly level can stabilize above 0.8, there is still an opportunity to challenge 1 dollar and even higher at the 1.2 zone (this area is a critical zone of concentrated chips on a larger scale).

In terms of on-chain data, addresses holding between 10 million and 100 million ADA have been continuously increasing since the beginning of the year; while addresses holding between 100 million and 1 billion have been accelerating accumulation since last October, and this year has remained stable overall, with no significant reduction actions observed so far.

Combining the technical aspect and on-chain data, the overall trend is still worth looking upwards, and there has been no large-scale chip selling situation.

The strategies I provide for altcoins are all supported by certain fundamentals, especially for those doing long-term investments, it is important to make good choices; for short-term, just follow market sentiment and speculate accordingly.