$ENA This wave of rebound is below expectations and appears slightly weak.
I have noticed that during my livestreams, the coins that fans ask about the most in the chat do not tend to perform strongly in the short term.
During my first livestream, the coin that was asked about the most in the chat was SUI, and then SUI failed to recover.
During my second livestream, the coin that was asked about the most was UNI, and even when ETH surged, UNI's rise was sluggish.
During my third livestream, the coin that was asked about the most was ONDO, and ONDO is still hovering at the bottom range.
A couple of days ago, during my livestream, the coin that was asked about the most was ENA, and now that ETH has rebounded, ENA is still in a consolidation range.
This law reflects the popularity of altcoins in the market. Many times, when everyone is buying a coin, it definitely can't be bought in the short term; the heat is too high and the market is too heavy. It takes time to wash out these uncertain chips before a better rally can happen.
However, I feel that ENA this time shouldn’t repeat the law of the previous three coins, mainly because ENA is highly volatile. When it washes down, the amplitude is large, and many people may not be able to withstand that level of washing. Other coins like SUI, UNI, and ONDO have smaller washing amplitudes and can only be slowly ground down over time. But ENA's trading strategy is explosive rise and explosive drop. After washing, it quickly rallies, and I hope this time ENA will be different.
Are there still friends on the ENA train? Give a thumbs up to see 👍
I have noticed that during my livestreams, the coins that fans ask about the most in the chat do not tend to perform strongly in the short term.
During my first livestream, the coin that was asked about the most in the chat was SUI, and then SUI failed to recover.
During my second livestream, the coin that was asked about the most was UNI, and even when ETH surged, UNI's rise was sluggish.
During my third livestream, the coin that was asked about the most was ONDO, and ONDO is still hovering at the bottom range.
A couple of days ago, during my livestream, the coin that was asked about the most was ENA, and now that ETH has rebounded, ENA is still in a consolidation range.
This law reflects the popularity of altcoins in the market. Many times, when everyone is buying a coin, it definitely can't be bought in the short term; the heat is too high and the market is too heavy. It takes time to wash out these uncertain chips before a better rally can happen.
However, I feel that ENA this time shouldn’t repeat the law of the previous three coins, mainly because ENA is highly volatile. When it washes down, the amplitude is large, and many people may not be able to withstand that level of washing. Other coins like SUI, UNI, and ONDO have smaller washing amplitudes and can only be slowly ground down over time. But ENA's trading strategy is explosive rise and explosive drop. After washing, it quickly rallies, and I hope this time ENA will be different.
Are there still friends on the ENA train? Give a thumbs up to see 👍
