币界网报道：Cardano (ADA) has regained its footing at key support around $0.59 after a period of decline and is currently trading around $0.61. Bulls are targeting a breakout above the $0.67 resistance level, which could lead to a move to the $0.83-$0.91 range. The market is seeing active buying, with whale investors withdrawing $2.33 million from exchanges, indicating accumulation and reduced selling pressure. However, the high NVT ratio of 273 suggests that ADA may be overvalued relative to on-chain activity, which poses a risk to continued gains. The reduction in the number of short-term holders suggests more long-term holdings and less speculative trading, which could help stabilize prices. The recent decline in the amount of coins being spent reflects increased investor confidence. Despite positive technical and derivative data, ADA still needs to confirm a breakout above $0.67 and increased on-chain adoption to sustain gains to $0.91. Investors should focus on continued buying and on-chain support to avoid price consolidation or pullbacks.