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Recently, Cardano's technical indicators have indeed been sending some positive signals, and it looks like a breakout is on the horizon. However, over the past two weeks, I've noticed that the capital flow that should be converging on ADA has actually dispersed quite a bit. There's a less prominent voice in the market, quietly attracting investors' attention.
Honestly, I've seen this kind of situation quite a few times in the crypto space. You think a project is about to take off, but suddenly a dark horse emerges from the neighboring project, completely dividing the original hype. Are old players like Solana and Polkadot up to some new moves lately? The specific behind-the-scenes push isn't explicitly stated by the author, so we still need to observe the market ourselves.
That being said, these kinds of technical signals are like weather forecasts—success rates aren't as high as the hype suggests. Plus, the original text doesn't clearly specify who the "snatcher" is, so there's a possibility that some projects might be self-promoting. Therefore, if you're planning to follow the trend, it's better to look at multiple angles before making a move. Relying solely on one or two signals to go all-in is indeed a bit risky.
The crypto market changes so quickly; a hot coin today might be replaced by a new star tomorrow. That's why it's crucial to keep an eye on your holdings at all times. Who knows, that seemingly insignificant coin in your portfolio might one day become the main character in a "dark horse" story.