📉 Average wallets that have been active on the Cardano network over the past year are netting a return of -43% on their investments. Memes aside about the altcoin's major -71% price decline since September, this extreme negative MVRV value is generally an indicator of $ADA being in an 'opportunity' or 'buy' zone.

0⃣ In a zero-sum game, when average returns are severely negative, this is an indication of a looming turnaround with coins always averaging 0% on MVRV's (average trading returns) across any timeframe. So when other traders are in severe pain, key stakeholders and professional traders are intrigued by this due to the lowered risk of buying or adding on to their positions.

📊 On top of this, Cardano's funding rate on Binance is seeing the largest ratio of shorts (compared to longs) since June, 2023. Traders are clearly expecting that the #12 market cap will continue to decline in value. This historically is another bottom signal, as funding rates are always prone to liquidate and send prices in the direction that traders are expecting the least.

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