ENA's performance this week has seen a crucial rebound, with a 24-hour increase of 8.34%, successfully breaking through the previous weekly downtrend. This surge is not accidental; it is supported by multiple catalytic factors.

First is the expansion of exchange deployment. Upbit added the USDe stablecoin, bringing a large influx of new users and trading demand to the ENA ecosystem, significantly improving trading pair liquidity. Secondly, positive macro signals are also fermenting—CPI data has eased, coupled with continuous ETF fund inflows, risk assets are regaining market favor, and the overall activity of incremental funds in the crypto market is rising.

From a technical perspective, ENA has received an effective rebound at a key support level, with candlestick patterns showing bullish signals. In the short term, these major driving forces resonate, laying a foundation for subsequent upward momentum. However, traders should still pay attention to the stability of macro data and changes in trading pair liquidity to prevent quick profit-taking.