Cardano Market Depth Analysis - July 2025

Cardano Market Depth Analysis - July 2025

As we analyze Cardano's order book structure in July 2025, we observe significant liquidity clusters at key psychological levels, indicating both institutional and retail participation.

Major Support Levels

The $0.98 level continues to act as a major support zone, with over 12M ADA in buy orders clustered within a tight range. This represents strong buying pressure and institutional interest at these levels.

Below this, we see another significant liquidity pool around $1.01, where approximately 8M ADA in buy orders are positioned. This level has been tested multiple times in recent weeks and has held firm, suggesting it's a key accumulation zone for long-term holders.

Resistance Levels to Watch

On the sell side, the $1.15 level presents the first major resistance, with over 10M ADA in sell orders. This represents significant selling pressure that Cardano will need to overcome to continue its upward trajectory.

The $1.18 level shows even stronger resistance, with approximately 9M ADA in sell orders. This level coincides with Cardano's previous peak from late 2024, making it a psychologically significant barrier.

Institutional vs Retail Patterns

Our analysis reveals distinct patterns between institutional and retail order flow:

• Institutional orders tend to be larger (1M+ ADA) and are often placed at round numbers or technical levels
• Retail orders are smaller (1K-10K ADA) and more scattered throughout the order book
• Whale activity has increased significantly in recent weeks, with large buy orders appearing at key levels

Market Sentiment Analysis

The current order book structure suggests a cautiously bullish sentiment among institutional players, while retail traders show increasing FOMO as Cardano approaches key resistance levels.

The bid-ask spread has narrowed significantly in recent days, indicating increased market efficiency and reduced volatility. This is typically a sign of healthy market conditions and increased institutional participation.

Key Takeaways

1. Strong institutional support at $0.98 and $1.01 levels
2. Significant resistance at $1.15 and $1.18 levels
3. Increasing whale activity suggests major players are positioning for a breakout
4. Narrowing bid-ask spread indicates healthy market conditions
5. Retail FOMO is building as Cardano approaches resistance levels