Deep autumn in the crypto market, with a chill that cuts to the bone, but everyone knows that the best opportunities are often hidden in the coldest places.

As an analyst who has been navigating the crypto space for years, I find that the market’s pessimism towards Cardano (ADA) has gone a bit too far. When everyone is panicking and selling off, it might be the perfect time to open your eyes and look for assets that have been ruthlessly trampled.

Although ADA’s current performance is sluggish, there are many hidden opportunities behind it. Based on current market signals and technical indicators, I have a few observations to share.

**Sentiment Bottoms Out, Rebound Brewing**

ADA is currently hovering around $0.35, down about 70% from its all-time high. Looking at the candlestick charts, it is indeed below major moving averages, indicating short-term weakness.

However, turnarounds often happen at the most pessimistic moments. Data shows that ADA’s open interest in futures contracts has dropped to about $6.3 billion, indicating market participation is shrinking — but this doesn’t mean everyone is frantically shorting; rather, the pessimists have mostly exited. The market is now in a passive waiting mode.

I’ve always believed that once the last bearish trader has closed their positions, there’s only one way for the market — upward.

**Federal Reserve Shift, Macro Winds to Change**

The macroeconomic environment is quietly shifting. The Federal Reserve’s quantitative tightening (QT) policy is coming to an end, which means market liquidity will gradually loosen. For risk assets like ADA, this shift could become a game-changer.