Cardano: Dubious Speculation
Benjamin Cowen
Summary of Ada Sentiment Shifts
- Ada's price is experiencing significant shifts in sentiment, alternating between extreme optimism and pessimism.
- The reason for these shifts is likely due to Ada approaching highs and attempting to break out, but lacking a catalyst to do so.
- A potential catalyst, Quantitative Easing (QE), has not occurred yet due to the absence of a recession.
- A contradiction exists, as weak markets are typically needed to trigger QE, but rate cuts may potentially be enough to drive Ada's breakout.