$ENSO can feel steady right up until it isn’t.
A long liquidation of $4.8143K at $1.48824 came as price slipped just enough to punish late confidence. This wasn’t a sharp drop, more like a slow loss of balance where traders kept expecting a rebound that never really showed up. It’s similar to carrying a glass of water a bit too far without spilling, then watching it finally tip over at the doorstep.
What stands out is how ordinary the move was. No panic, no sudden shock, just pressure building while optimism stayed a step behind reality. $ENSO didn’t turn hostile, it simply stopped offering support. These are the moments that quietly reset expectations.
Do you see this as a warning to size lighter, or just part of the usual cycle?
ENSO
1.308
-0.75%