This year's biggest opportunity: $ENA
1. It will be listed on Nasdaq in the fourth quarter. On-chain data shows that the demand for its stablecoin USDE is shockingly high, already reaching 100Y, and the coin price has not yet reflected this, leaving a significant room for upward adjustment;
2. In terms of market segment, it is not only in the ETH sector but also belongs to the currently popular stable market segment. Therefore, ENA's trend is largely linked to Ethereum, with greater growth potential;
3. From the candlestick chart, ENA has formed a very solid W-bottom. Theoretically, it will eventually rise to the neckline around 1.2, which is nearly a 50% increase from now. However, in the short term, watch for 0.9, which is the 0.618 resistance level of the golden ratio. There may be a pullback to this level, which is our chance to enter. Personally, I want to wait for a larger pullback before re-entering, especially around the support levels of 0.67 and 0.7;
4. Additionally, Ethereum's stakable ETF is expected to be approved around October, and ENA also has the staking concept of Ethereum, with a promising future.
