Recently, there have been some noteworthy trends in the cryptocurrency market. The ENA token has fallen about 20% from its peak, which is undoubtedly a significant drop. The price movement of ENA from $0.85 on August 12 to $0.75 on August 17 has caught the attention of investors.

In the face of such market changes, some investment strategy experts advise maintaining a cautious attitude. They believe that although ENA is a high-quality project, investing when the price is at a high may not be wise. This viewpoint emphasizes the importance of the "buy low, sell high" strategy in cryptocurrency investment.

Similar investment logic also applies to other well-known tokens, such as LDO and ADA. This does not mean that there are issues with these projects, but rather serves as a reminder for investors to pay attention to entry timing and price levels. In the encryption market, price fluctuations can be swift and severe, so timing is often key.

For investors who are currently paying attention to ENA, it may be necessary to closely monitor the price range of $0.58 to $0.60 in the near future. This level could become an important support level for ENA in the short term. If the price can stabilize within this range, it may lay the foundation for a rebound in the future.

Overall, cryptocurrency investment requires calmness and rationality. It is especially important to maintain a clear mind when FOMO (Fear of Missing Out) emotions influence the market. Investors should carefully assess each investment decision based on their risk tolerance and investment goals. Remember, patience and discipline are often key factors for success in the cryptocurrency market.