• ADA holds $0.35 support as lower highs persist, keeping short-term control with sellers
• Falling open interest and weak spot inflows show de-risking, not aggressive shorts
• Founder comments failed to move price, as traders prioritize structure and liquidity

Cardano price action has remained under pressure in recent sessions as traders focus on whether key support can hold. ADA trades near the mid-$0.35 range, reflecting a broader short-term downtrend. Market participants continue to assess technical signals, derivatives activity, and ecosystem commentary. 

Together, these factors shape near-term expectations for ADA as volatility cools and conviction weakens. Hence, the current phase reflects caution rather than aggressive positioning from either side.

Technical Structure Keeps Bears in Control

On the 4-hour chart, ADA continues to print lower highs and lower l…

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