<ul><li>Cardano shows technical weakness as on-chain metrics signal a growing distribution phase.</li><li>Large Cardano holder netflow has dropped 142% in seven days, indicating a significant shift from accumulation to distribution among influential holders.</li><li>Cardano's holder count has decreased, suggesting profit-taking from the recent rally outweighs new investor interest.</li><li>Price falls below key EMAs, threatening the $1.05 support level.</li></ul>

Cardano Shows Technical Weakness as On-Chain Metrics Signal Growing Distribution Phase

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