Recently, Cardano's market performance has attracted a lot of attention. The price has reached $0.424600, and the technical indicators are showing a quite positive outlook—RSI has hit 64.3, indicating that market sentiment is still quite bullish.

Interestingly, a new project called BlockDAG has recently stirred up waves in the community with its presale news. Many funds are starting to flow into this new opportunity, diverting some attention from Cardano and Shiba Inu. At first glance, this might put some pressure on ADA, but from another perspective, this market focus could actually present an opportunity for ADA. Increased market attention often leads to a ripple effect in related sectors.

From a technical standpoint, key levels to watch are: support at $0.407600. If this level cannot hold, there could be further retracement risks. Resistance is at $0.441600, which is the level we want to see broken. The breakout point is at $0.435200—this is a critical decisive level.

The trading strategy is as follows: once the price stabilizes and breaks through $0.435200, consider adding to your position, targeting $0.441600. But the prerequisite is proper risk management—set your stop-loss at $0.407600. If this support is broken, decisively reduce your position and avoid complacency.

With this market movement, there is indeed room for operation. What do you all think about this wave of market? Do you have other analytical perspectives?