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Cardano price action has remained under pressure in recent sessions as traders focus on whether key support can hold. ADA trades near the mid-$0.35 range, reflecting a broader short-term downtrend. Market participants continue to assess technical signals, derivatives activity, and ecosystem commentary.

Bitcoin (BTC) maintained its ground above the $115,000 level early Monday, demonstrating notable stability as traders brace for a potentially turbulent week packed with high-stakes macroeconomic and geopolitical events. Currently trading above the market seems paused, digesting recent gains while anticipating catalysts that could violently break the current calm.

Bitcoin is facing a strong sell wall around the $120,000 level. The latest attempt to break higher was rejected, resulting in a 3% retrace to about $118,525 on Tuesday. This short-term weakness is being highlighted by a “death cross” on the four-hour chart and a bearish divergence on the daily RSI, both hinting at a possible correction.