From the overall perspective, since its listing, the chips have been pretty clean, especially after the recent pullback of Bitcoin, which dropped directly from 1.3 to 0.89 in a flash, almost halving.
From the recent upward trend in the market, it's been a steady progress with small steps every day, pulling back five or six points, then rising by ten or more points without significant fluctuations. This stability is beneficial for the long-term development of the project. There are no trapped positions, only continuous new highs. This can be compared to the trading of Sui, which looks very similar. If you observe closely, I even feel like it’s the same trader or the same market maker's behavior; they really know how to play the game.
At the same time, Ena aims to build its mainnet in the first quarter, as outlined in its development plan. Once launched, it will be tremendous and should reach a market value of hundreds of billions; it's just a matter of time.
From the recent upward trend in the market, it's been a steady progress with small steps every day, pulling back five or six points, then rising by ten or more points without significant fluctuations. This stability is beneficial for the long-term development of the project. There are no trapped positions, only continuous new highs. This can be compared to the trading of Sui, which looks very similar. If you observe closely, I even feel like it’s the same trader or the same market maker's behavior; they really know how to play the game.
At the same time, Ena aims to build its mainnet in the first quarter, as outlined in its development plan. Once launched, it will be tremendous and should reach a market value of hundreds of billions; it's just a matter of time.