Crypto Crow Warn say shakeout fit happen but e still dey bullish on Cardano

Crypto Crow dey close some selected trading positions but e still dey hold im core holdings, including ADA. For “The Price Cascade Begins, then MARS,” di commentator outline one possible Bitcoin-led decline before broader recovery, explain how e dey adjust im trading activity while e still get confidence for Cardano development.

Bitcoin Pullback Scenario dey shape im trading

Crow compare Bitcoin recent chart with one sequence from 2023: small rebound after decline, another move go moving average, and eventual recovery.

Im scenario get two potential reversals. Small rally fit pull traders enter long positions before renewed selling, while another recovery fit catch people wey turn bearish late for di decline. E criticize social media posts wey dey encourage bigger bullish positions based on di initial rebound.

Timing don become less certain. Crow first anticipate possible low around October 12 or 13 but now e allow for longer, less abrupt decline. E describe am as local shakeout inside emerging recovery and e acknowledge say im interpretation fit no correct.

Dat outlook dey guide how e use sell-only setting for im trading bot. By closing selected positions when opportunity show, e wan free capital and preserve funds to buy if prices fall more.

Programmable Tokens dey support im Cardano thesis

Crow describe Cardano recent chart as uptrend, but e base im long-term confidence for applications beyond speculative trading. Regulated financial assets dey front and center for dat argument.

On October 7, di Cardano Foundation announce say di CIP-0113 programmable token standard don go live for mainnet. Issuers of stablecoins, tokenized funds, bonds, and other regulated assets fit define rules for their tokens, including identity checks and transfer restrictions.

For Crow, those capabilities give institutions reason to use Cardano instead of building separate networks. Di deployment establish di functionality behind im argument, with wider institutional adoption still dey as prospective outcome.

“Cardano wasn't late. I truly believe Cardano is right on time,” e talk.

Leios and Hydra extend dat thesis reach network capacity. Leios dey develop to increase throughput for Cardano base layer, while Hydra dey support fast transactions outside di main chain, with settlement wey anchor to Cardano.

Crow expect their development go strengthen Cardano competitive position against networks wey dey emphasize transaction speed.

Midnight role for im Cardano outlook

Midnight growing visibility make one viewer ask whether to hold Cardano still make sense. Crow reject di suggestion say excitement for di privacy-focused network dey undermine im Cardano position.

“Cardano is not dead or dying by any stretch,” e respond.

Midnight dey enable applications to verify information while e protect sensitive underlying data through zero-knowledge technology and selective disclosure.

Crow connect those capabilities to AI agents wey dey conduct transactions for users, argue say their financial activity and links to their owners go increasingly need privacy.

Di broadcast also include another commentator post wey suggest say ADA fit disappoint while NIGHT deliver stronger cycle. Crow agree with Midnight potential, while e still describe both projects positively. Di specific relative-performance forecast originate for di quoted post.

By di end of di broadcast, Crow plan still remain to hold im core holdings and find opportunities to add during correction. “I haven't sold my bags,” e tell viewers, separate those holdings from di individual positions wey im bot dey close.