ADA is currently consolidating, and if it breaks through the resistance level of 1.3 and turns it into support, it will aim for a bull market in 2021!

Currently, most addresses holding less than 10,000 are taking profits, and large holders have not yet acted.

ADA is developing towards BTC L2 and is expected to capture BTC liquidity. The Foundation is also relatively stable, and the overall market needs some consolidation. If large holders do not join the selling, it is likely that after a period of consolidation, it will indeed break through the resistance level of 1.3 and turn it into support, aiming for previous highs and waiting for an all-time high (ATH). There will also be opportunities to compete for the top three market capitalizations.