$ENA is about to drop to the daily level support of 0.58～0.60. It is best to hold this position; otherwise, it will consolidate and fluctuate for a long time. Therefore, my strategy of advising everyone not to buy ENA twice is completely correct. Often, the right strategy not only allows you to make money but also helps you avoid losses and keeps you calm during FOMO. This is the greatest value.

$ENA should have dropped 20% from its high, which can be considered significant. Since August 12, the ENA price was 0.85 and on August 17, it was 0.75. My strategy has always been to advise everyone not to buy, for a very simple reason: the price is too high. This coin is definitely a good coin, but it has risen too much, and the cost-effectiveness is not high. If it is not at a suitable position, do not buy, unless it drops and shows cost-effectiveness again before considering a purchase. My investment logic is that simple: do not buy at high prices, buy when it drops to the right level. The same reasoning applies to LDO and ADA. Is there something wrong with their projects? Of course not, but the price is too high. Wait until it drops to a suitable level before buying. Recently, ENA's market performance can be described as very FOMO. I advised against buying twice with this strategy, and if I can convince some people, this strategy is valuable. In the short term, we will see if ENA can stabilize around the 0.58 to 0.60 range.