CARDANO Triangle PatternCardano / US DollarCOINBASE:ADAUSDsadumbCardano (ADA) could still see a short-term bounce as part of a Wave D formation within a larger triangle structure. However, I’m expecting a significant downside move across the altcoin market. A drawdown of around 30–35% is very possible, not just for ADA but for most altcoins. This kind of move could mark a local bottom and a potential accumulation zone before the next major cycle. Timing-wise, this correction could happen within the next month. While the exact catalyst is uncertain, rising geopolitical tensions—particularly the Iran and Central Asia conflict—could trigger a risk-off environment across global markets.