Recently, the Crypto Assets market has once again attracted the attention of investors. The performance of ENA coin is particularly eye-catching, with its price breaking through the 0.8 dollar mark and moving towards the high of 0.855 dollars set on August 11.

However, upon closer inspection of the current market, we find some signals that are worth being cautious about. Comparing the trading volume of the past few days with that of August 6 to 11, it is evident that the trading volume during the recent increase of ENA is relatively small. This phenomenon suggests that the buying pressure has weakened, making it unlikely for ENA to break through previous highs and continue to rise.

From a technical analysis perspective, the trend of ENA is likely to show a platform-type adjustment, known as the 3-3-5 structure. If this judgment holds, ENA may experience a pullback after reaching the high point on August 11, with the decline potentially approaching the end of wave A, and it is even possible to fall below this level.

Given the current market situation, entering at a high for ENA carries a higher risk. If investors decide to participate, they must operate cautiously and set reasonable stop-loss positions to prevent unforeseen circumstances. At the same time, it is recommended to closely follow market trends and adjust investment strategies in a timely manner.

Overall, although ENA has performed well recently, market risks cannot be ignored. Investors should rationally view short-term gains and conduct thorough risk assessment and management to ensure the safety of their funds.