The price of Ethereum (ETH) 
$3,094 has yet to initiate a substantial upward trend as desired. However, when it does, significant movements in leading cryptocurrencies such as PEPE and ENS will likely occur. The delayed surge has historically increased the magnitude of such jumps, leaving traders optimistic. What are Efloud’s latest predictions regarding popular cryptocurrencies?
ENS Coin Price Prediction for 2025
Today, well-known Turkish crypto analyst Efloud shared his year-end and 2025 predictions. He focused on ENS Coin, one of the favored altcoins, and explained the current situation alongside potential scenarios using the graph provided below. What insights did he offer?
“As you can track from quoted analyses, we have taken profit from 80% of our positions with over 100% gains, leaving the remainder as a moonbag.
Currently, the price is at a support area but shows diminishing rebounds (similar patterns can be seen in coins like $ATOM). If the price loses this area (approximately $31), I will sell the remaining 20% of my #ENS. I am considering adding a similar amount around the $27.5 area. I will contemplate a new full-risk position if the price drops to the blue boxed area around $24.2.
If you prefer a more cautious approach, it’s beneficial to keep purchases from such areas small while looking for bullish confirmations in micro-LTF (lower time frames).
Remember, creating a strategy is as important as technical/fundamental analysis. It eases psychological pressure and helps you stick to your plan. Therefore, I recommend thoroughly understanding the mentality behind the lines I wrote above, and the trade modeling shared in previous analyses, including fragmented buying/selling, proper balance usage, etc. There are insights beyond just buying/selling ideas.”
The analyst maintains that if the upward trend continues, a rally target of up to $65 remains valid.
Current Status of Cryptocurrencies
In the past 24 hours, $292 million in positions were liquidated, with $201 million of that from long positions. Despite the holiday week, cryptocurrency traders experienced significant losses amid the extreme volatility. Open positions have decreased to $111 billion, with short positions dominating at 50.22% following the recent BTC surge.
The total trading volume on cryptocurrency exchanges rose to $140 billion, reflecting a 32% increase compared to the previous day, while the fear index dropped to 48. BTC has begun to recover losses in its weekly performance.
