Today ADA is up 8.6%, while BTC is only up 2.1%—this is clearly funds rotating, not just following the big brother. I’ve seen too many people chase ADA all the way to the mountaintop. At this $0.26 level, it’s not low, and it’s not too high either—the key is how BTC looks.

Honestly, today’s volume is decent, but it’s still not big enough. Don’t get too excited too early. If BTC pulls back tomorrow, ADA’s 8% gain from today can be given back in a day. Some people are calling for ADA to rebound—I only look at volume and BTC; I don’t listen to callouts.

What do you think? Do you think ADA can hold its ground, or will it just be another shakeout? Let’s discuss in the comments.

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