Investor confidence in Cardano appears to be waning, as influential institutional investors—often referred to as "smart money"—are pulling back their support for the cryptocurrency. This retreat comes at a time when ADA, the digital asset associated with Cardano, is showing signs of weakness in the market. As a result, retail investors and market bulls are left in a state of uncertainty and anxiety, concerned about the potential for further declines in value and the overall health of their investments in the digital currency. The shifting dynamics leave many wondering what the future holds for Cardano’s price trajectory and the sentiments of those who believe in its long-term potential.
source: https://blocknews.com/smart-money-pulls-back-from-cardano-as-ada-weakens-leaving-bulls-on-edge/