$ENA Ethena created a pattern related to 87% rally in Golden Cross - 2024
The price chart of the Ethana has print a golden cross, a rapid technical pattern that occurs when the 50-day moving averages are above the 200-day moving averages. This indication closely seen by traders, often indicates the ability for constant upper speed.
In 2024, last time Ethena formed a Golden Cross, assets went to 87% of the rally in post -assets. While historical performance is not a guarantee of future results, the recurrence of this setup has ruled out optimism among technical analysts.
The market spirit around Athena is supported by stable trading volume and healthy on-chain activity. However, traders know that comprehensive market status and comprehensive economic factors can still affect the strength of the trend.
If history repeats, the current Golden Cross may mark the beginning of another important rally - but disciplined risk management is necessary.A day of investing faith in $CFX $ENA , buying the bottom of each track's top applications. Since the prices are currently at the bottom, don’t wait until they rise and then regret it. Investing is about buying low and selling high. If you don’t buy at the bottom, how can you enjoy the gains? By buying the bottom, everyone can achieve financial freedom. If you don’t buy the bottom, you’ll just watch others achieve financial freedom. The days of 10x returns are coming soon. I was lucky to buy CFX and ENA, but just slightly ahead of the market. The real bull market hasn’t started yet. You are fortunate, seize the opportunity everyone, don’t miss the chance for financial freedom.