You guys have been playing around a bit, but $ETH is still holding strong around 2500 for now. If the two of you stop making sensational moves, then if $ETH takes off, it will pull some other coins along with it. For now, I'm looking at $ENA and $MKR. Let's discuss $ENA first.
To sum it up, I've noticed that Flowdesk is a well-known MM firm that previously traded $ENA very smoothly when they closed right at the peak at the end of December - beginning of January.
In the last few months, they have started accumulating in a price range as shown and splitting into smaller wallets. Their total net flow in the last 30 days for $ENA is about $12 million. That's quite significant.
Currently, $ENA is still moving within the range as shown and is approaching a very strong support level, which is the bottom price from the summer of 2024.
Here's the Flowdesk wallet link for you all to check out:
Feel free to take a look. However, the small timeframe chart isn't looking great for now. If you want to play, just wait for a bullish structure to form before deciding.
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