The holiday market is deserted, but ADA futures have unexpectedly become a hot topic. On a major futures platform, Cardano's trading volume surged over 52,000% within 24 hours, with a single-day trading volume reaching $129 million. During the same period, ADA's price slightly rebounded by 1.54%, quoted at $0.355.

However, this rebound seems a bit lonely—the weekly chart still shows a downward trend. Analysts are not too excited, noting that this may just be a sign of a market turning point. On the technical side, $0.38 has become the key resistance level at the moment. Once this barrier is broken, the price could easily fall back to around $0.30 to seek support. Holidays often lead to extreme market movements; whether this abnormal fluctuation signals a reversal depends on whether the subsequent trend can hold steady at critical levels.