#BitcoinHashRateSurge BitcoinHashRateSurge Currently, ADA/USDT shows signs of ranging and accumulating around the 1.08 USD region. Looking at the chart, there are a few observations as follows:

Technical Analysis:

1. EMA(7), EMA(25), EMA(99): The price is closely following EMA(7), indicating that short-term momentum remains positive, but a larger crossover will still require time.

2. Trading Volume: It appears that the volume is gradually decreasing, reflecting the wait-and-see attitude of both whales and retail investors.

3. RSI (6, 12, 24): The short-term RSI is still at a relatively high level (~72), but not in the overbought zone. This could lead to further accumulation or a slight pullback before continuing the trend.

Price Increase Expectations:

When the price strongly breaks above 1.10 with high volume, it is very likely that the bullish trend will be activated again. Based on recent data, the next near target could be around the 1.20 - 1.25 USD region.

Things to Watch:

• News about ADA or the overall crypto market.

• BTC volatility, as it significantly affects altcoins.

• A sudden spike in volume or whale movements.

You can still wait, but patience is the key factor when the market is in an accumulation phase!