Cardano (ADAUSD) has been within a Bear Cycle since its December 02 2024 High and within a Channel Down since the August 11 2025 High. This Channel Down is technically the Bearish Leg of the 5-year pattern that started since the previous Bear Cycle.
So far it has been very similar to the 2022 one and based on the 1W RSI Bullish Divergence, we might be in a similar spot as June 2022. Depending on how strong the rest of the market drops, ADA can repeat a -92.30% Bearish Leg, targeting at least $0.1000.
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