In the understanding of normal people, a short-term trade is still considered to be within six months to a year, while for retail investors, a minute counts as short-term and an hour counts as medium-term.
Since the bear market, ADA has been one of the few mainstream coins that survived this round of regulatory bull market, and its price performance has been quite stable, at least not exceeding my expectations.
As for other altcoins (like DOT), they have frequently hit historical lows. This is a characteristic of this regulatory year. Choosing the right coin is enough to celebrate victory.
Making an exception for a short/medium-term analysis: When will the price of ADA reach a historical high? It depends on when it breaks through $1.20.
After breaking through $1.20, if the overall environment is favorable, it could quickly reach $3, with not much resistance in between. This is because $1.20 is roughly the average price at which retail investors started to FOMO in the last bull market.
From a fundamental perspective, ADA also has the actual support to break through $3. As for where it can go after breaking $3, it depends on the understanding of the regulatory ceiling. Further research is needed.
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