From the perspective of daily technical analysis, ENA's recent market performance has been particularly remarkable.
Against the backdrop of overall volatility in the altcoin market, ENA has achieved a 30% increase in its rebound from the bottom, significantly outperforming most similar cryptocurrencies and demonstrating strong price elasticity and anti-drawdown properties.
The current price trend has formed an effective bottoming pattern at a key support level, sparking widespread discussion in the market about whether it has established a 'century bottom.'
The confirmation of this phase low point not only requires validation through multi-dimensional indicators such as trading volume and moving average systems but also necessitates attention to whether a trend-breaking move can be established subsequently, thereby solidifying a medium to long-term upward pattern.
