Recently, the ENA token has shown a significant upward trend, driven by three main factors: first, the implementation of the buyback plan has injected new liquidity into the market; second, USDe (a stablecoin related to the ENA ecosystem) has experienced explosive growth, boosting investor confidence; finally, the impending unlocking expectations are also driving up the price.

However, the market is not entirely optimistic. The upcoming large-scale token release may bring significant selling pressure to the market, which will strongly counter the current upward trend. Therefore, investors need to remain vigilant and operate cautiously.

For investors who are interested in participating in ENA trading, we recommend:
1. Strictly control risk exposure and do not over-invest.
2. Combine technical analysis to set clear stop-loss points at key support levels.
3. At the same time, it is necessary to set reasonable profit-taking points to lock in potential gains.

If ENA can maintain a strong upward momentum, especially with a steady increase in trading volume, investors should closely monitor the key price level of $0.65. A breakout above this level could open up a new round of upward potential.

Overall, the price trend of ENA is at a critical turning point. Investors need to closely monitor market movements, balancing potential returns and risks to make informed investment decisions. Whether you are holding or observing, it is crucial to maintain rationality and patience.