Cardano is forming a daily golden cross, signaling a potential bullish momentum. Whales are accumulating 200 million ADA, demonstrating strong market confidence. Upcoming updates and rumors about an ETF could trigger a significant price breakout. In the ADA market, a spark has ignited for Cardano. After months of sideways movement, ADA has suddenly surged upwards, rising 12% in just one week to $0.822. This surge increased the market capitalization to $36.9 billion and attracted the attention of traders. The reason? A rare and powerful technical event is unfolding. This golden cross on the daily chart makes investors dream of a rally similar to the last one that brought a 232% profit. The golden cross is fueling the setup for Cardano's price breakout. The 50-day moving average at $0.711 has just crossed the 100-day average at $0.707. Traders call this a golden cross, and in crypto circles, it is often seen as a green light for sustained upward trends. On Cardano's chart, it looks like a compressed spring ready to launch. ADA is confidently holding above $0.80, which is a sign of strong buyer confidence. The next key resistance is at $1.18. If the current momentum continues, this barrier may be broken sooner than many expect. Above this level, the road opens to multi-billion territory. Analysts are drawing bold scenarios for the next major crypto cycle. Some see ADA reaching $5, while others whisper about $10. From the current price, these targets imply gains of 500% or more. Ambitious? Yes. Impossible? No, if technical signals and market forces align, as they have before. Accumulation of whales and market catalysts. When whales make a move, the market listens. In just two days, institutional wallets added 200 million ADA to their assets. The scale of such accumulation speaks to significant confidence in the asset's future. Major players rarely take risks without a plan. The derivatives market is also sending bullish signals. Open interest in futures has increased from $238 million to $1.41 billion since the end of 2024. This growth shows that traders are making big bets on further increases. Beyond the charts, the Cardano ecosystem has major updates on the horizon. The Midnight update promises to enhance privacy and scalability, strengthening the network's appeal. There are also rumors about potential ETF approvals for ADA, heating up speculative interest. Of course, the broader market will play a decisive role. The performance of Bitcoin and Ethereum often sets the pace for other assets. However, with the golden cross in place, whales actively buying, and upcoming updates, the situation with ADA is one of the most attractive in the market today. The stage is set for a move that could redefine Cardano's position among top cryptocurrencies. If history repeats itself, the 232% rise from the last golden cross could be just the beginning this time. The next few weeks could determine whether ADA enters a new era of dominance or returns to consolidation.