🔥🔥🔥$ENA is about to unlock, can it still be held?
Since July 25th last month, I have repeatedly pushed #ENA , and built positions at the current price around 0.48, which is now in a floating profit state, with a target still looking towards 1 dollar.
Regarding tomorrow's unlocking arrangements:
Official news shows that at 3 PM on August 5th, 172 million ENA will be unlocked, equivalent to about 95.8 million dollars. On the day the news was announced, ENA rose slightly by 13%, ranking third in the market in terms of growth, and still performing strongly.
How to view the impact of unlocking?
Typically, unlocking can bring short-term adjustment pressure, but it depends on how the project team handles it. If they adopt a strategy of "pumping and dumping" or "pumping while selling," it may first surge and then adjust.
However, ENA is a core asset of a stablecoin protocol, with a clear project positioning and a relatively stable operation style, so the probability of a significant dump is low.
What’s the current outlook?
From the trend, ENA is one of the fastest rebounding tokens recently, especially showing bright performance after the market correction.
Even with short-term fluctuations, adjustments are rather opportunities for low entry, and I continue to be optimistic about the spot medium-term target of 1 dollar.
Operation suggestions:
Holders can continue to hold and observe, and if there is a short-term pullback, it instead becomes a window for re-entry. Regarding contracts, Guang Ge will look for suitable opportunities to continue bringing fans into the market.
