Stunning Comeback! 😱 Cardano ADA ETF 75% Chance, Is $0.80 About to Explode? 🚀🔥
Bitcoin breaks 97,000, crypto market cap reaches 3 trillion, but Cardano (ADA) stagnates at $0.80! Bloomberg predicts a 75% approval probability for the ADA spot ETF, can it ignite the price?
Core Dynamics
ETF Fever: Solana, XRP approval probability at 90%, ADA at 75% still has potential.
On-chain Challenges: ADA faces profit-taking as it approaches $0.70, with NVT ratio hitting a three-month high and insufficient buying pressure.
Market Competition: BTC dominates at 65%, altcoins experiencing capital outflow, ADA needs to break resistance to maintain competitiveness.
Future Outlook
If ADA lacks strong on-chain support, optimistic ETF expectations may fall flat, increasing correction risks! If it breaks $0.80, it may soar with the ETF hype! Solana takes the lead, ADA needs to catch up! ⚡️