Recently, there have been some interesting trends in the crypto assets market. The prices of mainstream tokens such as Ethereum ( ETH ) and ENA have risen significantly; however, the performance of ONDO has been relatively weak. Analysis shows that ONDO may struggle to break through the price barrier of $1.05, showing a pattern of lower highs.

During market corrections, ONDO may face significant downward pressure. This is mainly due to the contradiction between its low circulation and high market capitalization, as well as plans for a large number of tokens to be unlocked in the coming years. Additionally, ONDO currently seems to lack clear application scenarios and practical value, which also weakens its competitiveness in the market.

In the long term, if ONDO cannot improve its fundamental situation, the price may continue to be under pressure. For investors, it is crucial to carefully assess ONDO's development prospects and potential risks before making any investment decisions.

Of course, the crypto assets market is ever-changing, and there are still many uncertainties regarding future trends. Investors should remain vigilant and closely monitor market developments and project progress to make informed investment decisions.