$ENA Market Depth Analysis: Under Control of the Main Force, Can We Expect a Surge?
Recently, many traders are focusing on the subsequent trend of ENA, pondering whether to enter the market or if they have already missed the opportunity. From the market perspective, since August 4, ENA has risen from 0.51 to above 0.64, an increase of over 25%, and then quickly adjusted, currently oscillating around 0.57, with short-term profit-taking pressure above and some support below.
This surge is not a natural increase; it feels more like manipulation by the main force. Trading volume has significantly increased, and capital involvement is evident. Although the main force has a willingness to exit, it has not rushed to sell off, indicating that further actions may still be expected.
Additionally, ENA's popularity in the DeFi concept is warming up, with some funds rotating back. If combined with hot news or a market rebound, there is potential for one last wave of increase.
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