The cryptocurrency market is facing uncertain conditions due to the ongoing Middle East crisis, leading to a bearish start to the new weekly candle.
Cardano's ADA has declined 2% in the last 24 hours but remains above $0.27, with a crucial support level near $0.2593.
The mixed sentiment among traders is reflected in the intense liquidations in ADA derivatives, despite positive funding rates indicating a potential shift to a bullish bias.