I thought it was a good deal to buy Cardano at $0.098 price, turns out I'm in a 25% loss right now. At some point the shorters should stop shorting and the weak hands should be gone right? It looks like the massive sell offs will continue for a while. 
The drop is now equal or bigger than 2013 one in with regards to duration and % loss. The chartists say battle for next direction will be when number of trendlines cross in the are of 6K for BTC. I remain bullish as we are looking at a massive loss and besides the new big investors waiting to get in there is an increasing amount of people, who have tethered and are waiting to get back in cheaper. So Cardano just keep it.