According to the analysis of the Rider algorithm, Cardano is currently trapped in a deep red zone. While some believe this is a solid bottom, Trend Rider believes it is a highly pressured and weak area where prices often consolidate for long periods, causing traders to fall into unproductive sideways trading.
Rider emphasizes that attempting to catch a bottom is almost impossible to succeed; it often results in either failing to take over or funds stagnating while other assets show more apparent upward momentum. Therefore, Rider's focus is not on buying at the lowest price, but on waiting for confirmation signals of a strong market return, as the key lies not in support levels but in breakouts.
Trend Rider expects Cardano to exhibit strong recovery ability, breaking free from its current predicament. Specifically, this analyst is closely watching whether Cardano can achieve a decisive breakout and ultimately close above $0.45. Until then, bears still control the market structure. Currently, Rider's strategy is to enter when prices are higher and momentum is confirmed, rather than betting on the so-called 'perfect bottom' and hoping it can hold. Now, the key to trading is timing, not seizing opportunities prematurely.