Crypto飞哥
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The recent rebound of $ENA is weaker than expected.
I found that during my live broadcasts, the coins that fans ask about the most in the chat have not shown strong short-term trends.
During my first live broadcast, the coin that was most frequently mentioned in the chat was SUI, and then SUI fell into a slump.
In the second live broadcast, the most asked about coin in the chat was UNI, and even when ETH surged, UNI's increase was sluggish.
In the third live broadcast, the most mentioned coin in the chat was ONDO, and ONDO is still hovering in the bottom range.
A few days ago during my live broadcast, the most asked about coin was ENA, and currently, while ETH has rebounded, ENA is still in a consolidation range.
This rule reflects the popularity of altcoins in the market; often when everyone is buying a coin, it's definitely not the time to buy, as the hype is too high and the vehicle is too heavy. It takes time to wash out the weak hands before a better rally can happen.
However, I feel that this time ENA should not repeat the pattern of the previous three coins. Mainly because ENA has large fluctuations; when it washes down, the amplitude is significant, and many people may not be able to withstand this level of washing. Other coins like SUI, UNI, and ONDO have smaller washing amplitudes and can only grind slowly over time. But ENA's trading strategy involves explosive rises and crashes; after washing out, it quickly rallies. I hope this time ENA will be different.
Are there any friends still on the ENA train? Give a thumbs up to see 👍
I found that during my live broadcasts, the coins that fans ask about the most in the chat have not shown strong short-term trends.
During my first live broadcast, the coin that was most frequently mentioned in the chat was SUI, and then SUI fell into a slump.
In the second live broadcast, the most asked about coin in the chat was UNI, and even when ETH surged, UNI's increase was sluggish.
In the third live broadcast, the most mentioned coin in the chat was ONDO, and ONDO is still hovering in the bottom range.
A few days ago during my live broadcast, the most asked about coin was ENA, and currently, while ETH has rebounded, ENA is still in a consolidation range.
This rule reflects the popularity of altcoins in the market; often when everyone is buying a coin, it's definitely not the time to buy, as the hype is too high and the vehicle is too heavy. It takes time to wash out the weak hands before a better rally can happen.
However, I feel that this time ENA should not repeat the pattern of the previous three coins. Mainly because ENA has large fluctuations; when it washes down, the amplitude is significant, and many people may not be able to withstand this level of washing. Other coins like SUI, UNI, and ONDO have smaller washing amplitudes and can only grind slowly over time. But ENA's trading strategy involves explosive rises and crashes; after washing out, it quickly rallies. I hope this time ENA will be different.
Are there any friends still on the ENA train? Give a thumbs up to see 👍
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
