Is $ENA still able to hold at this high level?
The target for ENA is to reach a peak of 0.85, and normally my personal expectation is to reach 1 dollar. I mentioned to my friends as early as the 9th that ENA is stronger than any stablecoin because, like Ethereum, it is a cryptocurrency that institutions are very optimistic about.
With institutional buying, there is no highest point, only higher ones. Eating such a small piece does not satisfy the appetite of institutions, but at this stage, it is a correction phase, and one can consider going long around the 0.75 mark, with a tentative target of 0.9.
Those holding spot and long-term positions can continue to hold steady. You may not see the future trend, but you can combine it with the current capital pool to see your expectations, which is also a solid belief!