随着比特币（BTC）价格下跌低于$ 90K

价格降低了10.05％，目前为0.67美元。

The price of Cardano (ADA) has come under strong selling pressure as sellers continue to dominate the market, leading to a 10.05% reduction in the coin’s value.

随着卖方继续主导市场，Cardano（ADA）的价格受到了强大的销售压力，导致硬币的价值降低了10.05％。

The recent drop of Bitcoin price below the $90K level has applied additional bearish pressure on the overall crypto market. The selling pressure persists as the price declined by 5.42% in the intraday and continues to fall.

最近，比特币价格低于$ 90k的水平，对整个加密货币市场施加了额外的看跌压力。销售压力仍然存在，因为盘中的价格下降了5.42％，并且继续下降。

The chart indicates a failure to push past the 20-day EMA as a resistance zone. Cardano price has pulled back from the 50% retracement level of $0.7746 and is aligning with the 38.20% Fibonacci level. If the price fails to hold above it, then the next support level is $0.60 a psychological level.

该图表明未能将20天EMA推向电阻区。 Cardano Price已从50％的回撤水平撤回$ 0.7746，并且与38.20％的斐波那契水平保持一致。如果价格不高，那么下一个支持水平为0.60美元的心理水平。

Moreso, Crypto analyst Ali warns that Cardano price is breaking below a parallel channel. He notes that ADA must reclaim $0.67 quickly to avoid further decline. According to his analysis, the price may fall to $0.53 unless a swift market recovery happens.

加密分析师阿里（Ali）莫雷索（Moreso）警告说，卡尔达诺（Cardano）的价格正在平行渠道以下。他指出，ADA必须迅速收回0.67美元，以避免进一步下降。根据他的分析，除非发生迅速的市场复苏，否则价格可能会降至0.53美元。

The Derivatives Data Reflects Market Uncertainty

衍生品数据反映了市场不确定性

According to Cardano derivatives market data, investors remain fundamentally indecisive. The markets show a complete lack of interest in continuing in the same direction, as evidenced by a 0.0045% funding rate decrease.

根据Cardano衍生品市场数据的数据，投资者在根本上保持了优柔寡断。市场表明，沿着同一方向持续不足，这完全缺乏兴趣，这一点有0.0045％的筹资率下降。

Furthermore, Open interest has decreased to $544.94 Million, reflecting a 15% reduction. Lower open interest indicates that traders are reducing their positions, perhaps due to a lack of confidence in price stability or the ability to make a clear directional bet.

此外，开放利息已减少到5449.4万美元，反映出减少了15％。较低的开放兴趣表明，交易者正在降低其头寸，这可能是由于对价格稳定性缺乏信心或进行明确定向下注的能力。

However, some traders still have relatively high expectations on Cardano’s prospects in the market. The long-to-short ratio remains at 0.9216 which still indicates buy signals.

但是，一些交易者对Cardano市场前景的期望仍然相对较高。远程比率保持在0.9216，但仍表示购买信号。

On Binance, the Long to Short ratio has spiked higher at 2.73 indicating that traders have a bullish outlook.

关于binance，长期与短期的比例更高，为2.73，表明交易者的前景是看涨的。

Additionally, increased liquidations have affected the market. This has led to market turbulence and most of the traders pull out their stakes from the market.

此外，清算的增加影响了市场。这导致了市场的动荡，大多数交易员从市场上掏出了股份。

However, as levels of liquidation arise, the volatility could continue to be a long-term phenomenon.

但是，随着清算水平的出现，波动率可能继续是一种长期现象。

Cardano ETF Proposal Sparks Optimism

Cardano ETF提案激发乐观

The SEC has acknowledged a 19b-4 filing for a Cardano exchange-traded fund. NYSE Arca, which is a subsidiary of the NYSE Group, filed this proposal.

SEC已确认为Cardano交易所交易基金提交了19b-4的申请。 NYSE ARCA是NYSE集团的子公司，他提出了这一建议。

This filing proposes to obtain SEC permission for trading Grayscale's Cardano Trust shares on the NYSE Arca exchange under the provisions of the Exchange Act, specifically Rule 8.201-E.

该文件建议根据《 Exchange Act的规定》，特别是规则8.201-E，获得SEC的SEC许可。

If approved, the ETF could drive adoption among institutional investors which would be beneficial to Cardano.

如果获得批准，ETF可能会推动对Cardano有益的机构投资者的采用。

Higher institutional participation results in increased price and market stability. Investors are now waiting for more updates from the governmental bodies. Such a development could alter the general perception of the market and draw more buyers in.

较高的机构参与导致价格和市场稳定性提高。投资者现在正在等待政府机构的更多更新。这样的发展可以改变市场的普遍看法，并吸引更多的买家。

Will Cardano (ADA) Price Drop to $0.50 or Rebound?

Cardano（ADA）价格会降至0.50美元还是反弹？

The altcoin price is approaching the critical support zone. If bearish momentum continues, the next support is at the 23.60% Fibonacci level at $0.53. A breakdown from this level could push the Cardano price to $0.50.

Altcoin价格正在接近关键支持区。如果看跌动量继续，下一个支持在23.60％的斐波那契水平为0.53美元。从这个水平的细分可能会将Cardano价格提高到0.50美元。

However, the market could shift if sentiment improves. The SEC’s acknowledgment of the ETF proposal has created renewed optimism.

但是，如果情绪改善，市场可能会发生变化。 SEC对ETF提案的认可已引起了新的乐观情绪。

If the ETF gains regulatory approval, institutional demand could increase. A rebound within the falling wedge pattern could push Cardano toward the $0.7746 resistance level.

如果ETF获得了监管机构的批准，则机构需求可能会增加。下落的楔形模式内的反弹可能会将Cardano推向0.7746美元的电阻水平。