$ENA dropped from 0.85 to 0.6 without breaking below 0.6; this position can serve as a stabilization signal to position for next month's trend!
First: The speculation around stablecoins has always been present; it has just faded a bit during this period. However, as long as Trump is president, stablecoins will definitely continue!
Second: ENA's parent company announced that it will be listed on NASDAQ next month, which is a huge positive. I don't know how much it will pull up, but personally, I think at least it should double from the current price.
Third: During this phase of decline, many institutions have liquidated a significant amount at the top, previously reaching 6 billion dollars. This is considered to be one of the most sought-after in the stablecoin market; the pullback is an opportunity to enter the market, and this statement applies to institutions as well.
Those who hold ENA can follow Cheng Ge to seize the big market trend in September. Those who do not hold can follow Cheng Ge to gradually lay out their positions; let's share this cake together!!!
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