Harga The Unstable CatADA

⚡️ Cardano price stuck in bearish structure as open interest drops 79% Cardano price is under pressure near $0.27 as falling open interest and weak technical structure continue to limit recovery attempts. Cardano traded slightly lower on Feb. 9, changing hands at $0.2705 at the time of writing. The token has lost about 31% over the past month and continues to sit near levels last seen in mid-2023. Earlier in February, Cardano (ADA) briefly slipped toward a multi-year low around $0.22 before buyers stepped in. Since then, price action has stayed compressed, with the past seven days confined to a $0.2441–$0.3034 range. As the selloff continues, market activity has slowed. Cardano’s 24-hour trading volume dropped 33% to about $768 million. With traders displaying little urgency on either side, the decline suggests waning participation rather than panic selling. 🔸 Open interest drop reflects exit by large traders The derivatives market tells a similar story. Data shared on Feb. 9 by Alpharactal co-founder Joao Wedson shows Cardano’s open interest shrinking sharply, falling from $1.6 billion to about $334 million. The move suggests leveraged positions have been closed in size, rather than rolled into new bets. 💬 Open Interest has collapsed from $1.6B to $334M. But there’s a detail very few are noticing. Major players have closed their ADA positions aggressively. The key insight lies in where open interest is now concentrated. Back in 2023, Binance controlled over 80% Wedson also highlighted a shift in where that open interest now sits. In 2023, Binance accounted for more than 80% of ADA’s open interest, with the rest spread thinly across other exchanges. That picture has changed. Binance’s share has dropped to 22%, while Gate now holds the largest slice at 31%. According to Wedson, this change matters. He pointed to Solana (SOL) as a reference, noting that its strongest rally phase coincided with rising Binance dominance in derivatives. #ADA | #Cardano

10 tokens I’m personally watching next week (not hype, just observation): 1• $BTC Market direction still follows Bitcoin. Any bounce here can lift the entire market. 2• $ETH Weak recently, but big ecosystems rarely stay quiet for long. 3• $SOL User activity and network growth continue increasing, making it one of the strongest chains. 4• $BNB Exchange utility and token burns keep supporting long-term demand. 5• $ADA Whale accumulation has increased lately, usually a signal of positioning. 6 • $LINK Real-world asset narrative and institutional integration keep attracting long-term investors. 7• $PENDLE Large holders are accumulating despite short-term weakness often happens before recovery. 8• $TON Telegram ecosystem adoption keeps expanding and bringing new users to crypto. 9• $STON.fi ecosystem tokens TON DeFi growth is rising and liquidity activity keeps increasing. 10• $SHIB Meme coins often move suddenly when market sentiment turns risk on. Market truth: the next pump rarely comes from what everyone is already chasing it usually starts quietly while people are distracted. Watch carefully, manage risk, and stay patient. #Crypto #Altcoins #Bitcoin #Ethereum #TradingMindset

Cardano (ADA) continued its gradual recovery over the past day, gaining roughly 3% to trade around the $0.267 region. The improvement mirrors the broader mood across the cryptocurrency market, where renewed buying interest has started to replace the heavy caution seen earlier in the week. As confidence slowly returns, traders are becoming more willing to step back into positions they may have exited during the recent downturn. One of the most encouraging signs for $ADA supporters is the token’s ability to defend nearby support levels. After dipping to fresh short term lows, the price stabilized instead of extending its decline. That stability often signals that sellers are losing control while buyers quietly rebuild momentum. When this shift happens, markets can transition from fear to cautious optimism, laying the groundwork for a stronger push upward. Market participants say sustained movement above these support areas could invite additional capital into Cardano, particularly from short term traders looking to capture quick gains from a rebound. If volume increases alongside price, the recovery could accelerate. While $ADA is posting steady progress, smaller capitalization tokens are also benefiting from the improving environment. Midnight (NIGHT) emerged as one of the stronger performers, rallying 15% within 24 hours to hover near $0.0535. The jump followed a decisive breakout accompanied by rising trading activity, a combination many analysts interpret as confirmation that buyers are regaining confidence. The recent advance has helped repair sentiment after a difficult period that saw many altcoins struggle to maintain traction. With the total digital asset market showing signs of stabilization, speculative appetite is gradually returning, allowing projects like NIGHT to capture fresh attention. Traders are now focused on whether the token can maintain its footing above the psychologically important $0.05 mark. Holding this level could encourage attempts toward $0.055 and possibly higher. On the other hand, losing that support may weaken the structure of the rally and bring sellers back into control. Beyond short term price action, institutional developments are also adding a supportive backdrop for Cardano. Grayscale, one of the most recognized digital asset managers, recently increased ADA’s allocation within its Smart Contract Fund. The token’s share rose to 19.5%, up from 18.55%, reinforcing the idea that large investment players continue to see value in Cardano’s long term prospects. Although $ADA still trails Solana and Ethereum in total weight inside the fund, the increase suggests portfolio managers are willing to deepen their exposure. For many retail investors, moves like this serve as a confidence booster because they imply that professional firms are positioning for potential growth rather than reducing risk. The remainder of the fund includes projects such as Avalanche, Sui, and Hedera, highlighting a strategy built around diversification while still giving Cardano a prominent role among leading smart contract platforms. From a technical standpoint, attention is increasingly turning toward the next major test for $ADA : the $0.30 resistance area. Reaching that level would represent a meaningful psychological and structural milestone, as previous attempts to sustain rallies have struggled near similar zones. Momentum indicators are beginning to lean in favor of buyers. The Relative Strength Index remains in neutral territory, meaning the market is not yet considered overbought. This leaves space for additional upside if demand continues to build. Meanwhile, the MACD is hinting at strengthening bullish pressure. The histogram has been trending higher, reflecting improving momentum, and traders are watching closely for a potential crossover between the MACD and signal lines. Such a move is often interpreted as an early buy signal, particularly when it appears after a period of consolidation. If $ADA can gather enough strength to break and hold above $0.30 analysts believe the path toward $0.35 could open relatively quickly. However, markets rarely move in straight lines. Rejection at resistance might trigger profit taking, with the $0.25 region standing out as a key level where buyers may attempt to regroup. For now, the tone surrounding Cardano has shifted from defensive to cautiously constructive. Whether that optimism develops into a sustained uptrend will likely depend on broader market stability, continued investor participation, and the ability of bulls to overcome the hurdles that lie ahead.

Base Reclaim Continuation – Long Setup Pair: $ADA Signal: Long Entry: 0.2680 – 0.2710 Stop Loss: 0.2645 Take Profit: TP1: 0.2760 TP2: 0.2810 TP3: 0.2890 Context Price is stabilizing above the recent demand zone after a pullback from local highs. The structure shows a gradual base formation with buyers defending dips near support. As long as price holds above the invalidation level, the setup favors a measured upside continuation toward the previous resistance band rather than aggressive downside expansion.