$ENA The impact of 1U is just around the corner! 🔥🔥🔥
Last month, I discussed the #ENA token with everyone in detail. As a stablecoin protocol under the #Ethereum ecosystem, its growth potential is worth looking forward to. Today, let's delve into a few key details:
1. Positive financial outlook: On-chain funds are showing a net inflow trend, with large holders and institutions continuously increasing their positions, clearly demonstrating their strong confidence in the long-term value of ENA.
2. Steady progress in ecosystem development: Core tasks such as node expansion and optimization of staking rewards are all being implemented, not just empty talk. Although the excitement around EigenLayer's secondary narrative has cooled somewhat, its underlying value foundation remains, providing solid support for ENA.
3. Market shows accumulation characteristics: Prices are steadily and slightly rising, with no explosive growth in trading volume. This low-consumption upward pace is more in line with long-term layout characteristics. Through continuous gentle probing and multiple rounds of turnover, trapped positions are gradually being released, and market confidence in chasing up is constantly increasing. The current price is 0.747, and the overall structure remains healthy.
4. Hidden mysteries on the supply side: Rather than focusing solely on news and technical aspects, it is more important to focus on the flow of chips—who is orderly releasing and who is quietly absorbing. The current trend of ENA is a typical case of 'real accumulation,' distinguishing it from the false prosperity of massive price surges, with stronger momentum.
In summary, the goal of ENA reaching 1U has ample support, and once the market stabilizes, it is expected to break through the upper pressure level, initiating a new round of upward movement.
The market is always that market, and only a small portion of people truly understand it. If you know enough, in detail, you can survive in this market for a long time.
