#数字货币市场回调 ENGU's recent price movement is quite impressive. In the past hour, the price has directly pumped to $0.01145, a rise of 12.14%. More importantly, the open interest has simultaneously big pumped by 13.62% to $88.03M—this kind of volume-price coordination indicates that real money is entering the market.
The market value has now stabilized at 2.32 billion USD, and funds are indeed leaning in this direction. In the short term, this kind of explosive strength is usually not a one-day event; if it can hold the support level on a pullback, there may still be opportunities. That being said, when the pump is aggressive, one must pay close attention to risk control, as chasing at high levels can easily lead to being left holding the bag. Let's wait and see if a suitable entry price will be given.
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#数字货币市场回调 ENGU's recent price movement is quite impressive. In the past hour, the price has directly pumped to $0.01145, a rise of 12.14%. More importantly, the open interest has simultaneously big pumped by 13.62% to $88.03M—this kind of volume-price coordination indicates that real money is entering the market.
The market value has now stabilized at 2.32 billion USD, and funds are indeed leaning in this direction. In the short term, this kind of explosive strength is usually not a one-day event; if it can hold the support level on a pullback, there may still be opportunities. That being said, when the pump is aggressive, one must pay close attention to risk control, as chasing at high levels can easily lead to being left holding the bag. Let's wait and see if a suitable entry price will be given.