ADA is top heavy against bitcoinADA-BTC big picture charts actually allows for up to 90% correction from these levels.
In the short to mid term up to 40% correction is expected. If crypto bear market starts this could be one of the best shorts on the market, it reminds me so heavily of xpr-btc in 2017.
Cardano pumpers are looking to make themselves a fun September, as this month there are some news about platform developments:
finance.yahoo.com
It could turn out to be a sell on news events, watching this with interest.