The article discusses the potential reversal of Cardano (ADA) following Bitcoin's significant breakout above $71,000, which has sparked anticipation of an altseason.
Cardano, a large-cap altcoin, boasts a fully diluted valuation of approximately $15.5 billion and a daily average trading volume of over $373 million.
Recently, Cardano's price increased by more than 2%, signaling bullish momentum that may lead to further gains in the near term.