Recent market dynamics of Cardano (ADA) are noteworthy. Although the overall atmosphere remains sluggish, the successful defense of the key price level of $0.75 brings a glimmer of hope to investors. Even if further falls occur, it is likely to be just a brief bottoming out.

It is worth noting that the bearish trend that started from $0.95 has accumulated a fall of over 20%, indicating that the downward momentum may have gradually exhausted. Meanwhile, bullish forces are quietly building up, which may suggest potential for a rebound.

As September is coming to an end, market participants are closely monitoring the upcoming trends. In the absence of major negative news, maintaining a moderately optimistic outlook seems to be a more rational choice. However, investors still need to be cautious and pay close attention to market changes and potential risk factors.

Overall, although market fluctuations are difficult to avoid in the short term, the long-term development prospects of ADA are still promising. With the continuous improvement of the ecosystem and the expansion of application scenarios, the Cardano project is expected to occupy a more important position in the blockchain industry.