CARDANO ADA - Was Yesterday a Shakeout?! Strategy Moves $30M in Bitcoin! Cardano Liquidity Surge!

本站添加: 2026-05-30

[00:00:01]You know, despite some of the lows that we were seeing earlier on yesterday, yesterday ended up being a pretty modest day overall, us finishing slightly down for ADA. Now we're having a mixed bag here so far to begin the day on some great reports that we got to close yesterday. Now we will have a discussion about those, need to talk about actually some new fud hitting us today, strategy moving some BTC. What is exactly taking place? Are they planning to sell? We're going to have a good discussion about that in this video, but also need to talk about the quantity surging on Cardano, a few great updates here. So, if you're new or haven't already, make sure you like, comment, subscribe, show your support for the channel down below.

[00:00:39]Now obviously yesterday morning, we were seeing some low prices that we were not that thrilled about. ADA was actually below 2330 support, which is significant support, like we've talked about many times before, we need to hold this or we do risk further downside. The good news is we closed above here. We actually closed above our inner trend as well, great bounce off of this. today we're still above that so far. We're only We're down.09% to begin the day here.

[00:01:05]We have kind of a mixed bag as we wait for the next reports from from the US and Iran, and I'll get to that more in just a moment. But BTC also held up above the 200-day moving average. So, this is the exact test and hold in terms of support that you wanted to see. Now, I understand that, you know, today and yesterday were just 2 days in terms of tests on this support. ADA does have a decision now to make here by June 3rd about whether it's going to hold this structure and break back out above the longer-term trend or if we are in fact going to see more downside. So you have a couple days until the market's going to make a decision. Coincidentally enough, June 3rd is midweek next week. I hate all the the midweek changes of direction that we will will often get in the space, but we'll see where the week is going to take us. Now, obviously yesterday, the market was was in the midst of the strikes from the between the US and Iran. And it turned out to be one thing that we mentioned it could be, just kind of a one-off, just an initial exchange of strikes leading to a big nothingburger, and that's that's what it seems like it was. Now, there were some report, and the reason why I'm saying that is if we take a look at this, the US and Iranian negotiators reportedly reached a draft or reached a draft 60-day ceasefire and nuclear talks framework pending final approval from President Trump and Iran.

[00:02:28]Now, there were some reports coming out later that neither side ended up agreeing to this deal, that this progress wasn't actually being made, but then at the same time, now Pakistani sources claim that the US and Iran have picked Islamabad to sign this memorandum. So, progress or not made, progress made, right? I think we're all tired of this back and forth, this political theater, if you will. They just need to figure out and get it done, right? The market is [clears throat] I'm sure the traders are loving this right now, just riding the ups and downs of the space, and that's that's kind of all you've needed to do is just wait for an announcement, ride it for a short period of time, and then just prepare for the announcement to move the opposite direction, right?

[00:03:09]Now, that being said, this isn't the only thing that is causing still some uncertainty in the market. There's obviously been a lot of uncertainty surrounding what strategy is going to be doing. Obviously, there've been some reports coming out lately that that they could in fact sell some BTC, that they might even do this to pay dividends, and in fact, supposedly, [clears throat] MicroStrategy MicroStrategy just deposited $30 million worth of Bitcoin to Coinbase Prime. I've seen a lot of places running with this report this morning. You guys see a lot of people just kind of uneasy about this.

[00:03:42]And so, I wanted to actually take you guys through the movements here, because it's not necessarily what people are making it out to be. So, first of all, we need to take a look at uh the these different wallets, right? What What exactly is this? So, this is Strategy's um $35 billion worth of BTC that they own. And you guys can see that there have been some movements here in terms of wallets. And just taking a look at some of these [clears throat] different wallets here. Like, let's take a look at this private wallet here. We can see that there has been BTC that's funneled through this in the past. For example, there's been a movement from this wallet to this Coinbase uh Prime cold wallet of $30 million. But, this wallet itself is a wallet that has basically been an intermediary for BTC for Strategy. You guys can see the ups and downs from uh a balance of zero to balances north of $160 million. This appears to be another one of those movements. And what I'll say here is, has Strategy sold any of this BTC that's funneled through here before? And the answer is no. So, again, it's probably a big nothing burger.

[00:04:48]Outlets are going to take this and and run with it and try to turn it into something it's it's probably not. And who knows? Maybe this is a change of uh direction for the first time for Strategy. But, again, we need all calm the hell down until actual news comes out, until they actually make a statement surrounding this, right? Or until you actually see it being sold.

[00:05:11]That's That's the other thing. So, that's That's what I will say on that.

[00:05:14]That's why um you know, that's why blockchain is so important cuz you can actually see where the movement of of assets and capital is headed towards.

[00:05:23]Now, let's talk about another thing uh that could be obviously good for the crypto market. It has not been good.

[00:05:28]This has been another ugly week of of outflows in terms of crypto ETFs. In fact, Bitcoin posted 1.5 billion in outflows this last week, the largest weekly outflow since February. Now, here's the thing is, if you haven't noticed throughout history, what tends to happen is we'll get these big weeks of institutional outflows, and then they correct very hard and move the opposite direction. It doesn't mean that it directly happens after this week, uh but just take a look back here at the end of 2025, uh there was big institutional selling following obviously November, and then they bought back a bunch, right? If you take a look back here at the early part of now 2026, late January, big selling that followed by some small selling in February. Then they started buying very heavily again. So, could we be on the verge of uh a pivot by institutional money? It's very possible. Again, BTC coming down towards the bottom of its trend could signify that. This could have been the wash that we were waiting for for the institutional pivot to actually start lifting us up. And but what I will say here is that we are seeing on the Cardano side, um some good things taking place. For example, about $7 million in USDCX just got minted on Cardano. Um I believe this was 2 days ago. Uh Circle's USDCX is now the most dominant stablecoin on Cardano with 42.99% dominance. So, in fact, we are seeing liquidity surge in the Cardano ecosystem. It doesn't necessarily mean that you're instantly going to have an up-and-to-the-right price movement. Just be aware of that, right? Uh but over the last 48 hours, there's been significant stablecoin minting across multiple blockchains in the space. And what you're seeing is, again, capital positioning itself to accumulate, to buy dips that we either might now be in or that may be coming here in very short order. They also want to point out that uh this is from Angry Crypto Show. He said CoinMarketCap ranks Cardano ADA as the ninth most bullish community sentiment and the fifth most bullish uh daily trending, which, you know, from the comments you see on YouTube, from the crap that I see on uh Twitter, doesn't always seem accurate. But, the thing is, the silent majority, they they're just chilling. They're just watching. They're waiting. If I didn't have a YouTube channel, I would be silently watching and waiting as well.

[00:07:47]Uh but obviously there are these things that we need to have discussions about.

[00:07:50]That's why that's why I make content in the first place. So, I wanted to share that with you guys. I'd love to hear your thoughts. Do you think that we're going to get a little bit of relief here heading into the weekend after what has been an ugly week? Are we about to see a big institutional pivot? Will strategy shake things up and give us a little bit of a curveball we weren't expecting? So, appreciate you guys. Have a great day.

[00:08:10]Show your love below. Catch you in the next one. Take care.