币界网报道：Cardano (ADA) shows signs of a potential bullish reversal as open interest data indicates oversold conditions, sparking trader optimism. Despite ADA's price dropping 30% over the past month to $0.38, analysts point to rising open interest—currently at $190 million—as a signal that buyers may be accumulating positions. The cryptocurrency's Relative Strength Index (RSI) sits at 32, nearing oversold territory, which historically precedes price rebounds. Market observers note that Cardano's development activity remains strong, with recent upgrades like the Valentine hard fork improving interoperability. While macro risks persist, including Bitcoin ETF outflows and Fed rate uncertainty, some traders view ADA's current levels as an attractive entry point given its oversold technicals and growing network utility.