The video analyzes Cardano (ADA) using technical indicators and fundamental data from DefiLlama. The analyst notes that the Total Value Locked (TVL) is at $320 million, and the DEX trading volume is low. Positive ETF news did not lead to a higher high, signaling weakness. A bearish move has pushed Cardano into a support level of 0.80-0.82, respected historically. A break below the yearly rolling VWAP is noted, and the altcoin index is losing its uptrend. A further drop to a support level between 0.76 and 0.74 is possible; failing that, a drop to 0.70 is anticipated within the next month. The price has shown relative weakness so the analysis predicts to push down lower, it may regain strength only if it reclaims $0.82.