ADA is dropping hard, but the dormant chips are starting to move—does this signal a rebound, or just a dead cat bounce? We’d better just watch for now and not rush to catch a flying knife.

ADA approached $0.16 on June 10, with a 24-hour decline of 4.95%, a 7-day drop of 25.92%, and a 30-day decrease of 42.69%. Daily trading volume is approximately $4.3 billion, with a range of $0.1589–$0.1693. The price touched the lower Bollinger Band and is trending toward oversold conditions, indicating a potential rebound. Santiment states that dormant ADA has started to move, with the average age of investments rising and then falling again, but this is not yet enough to confirm a trend reversal. Currently, it remains well below the midpoint of the 20-day Bollinger Band, and seller control is still in place.