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Ethena

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shakeel ahmad bhat
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#Ethena Ethena's Total Value Locked Surpasses $10 Billion According to Foresight News, Ethena's total value locked (TVL) has exceeded $10 billion, as reported by the Ethena website. The TVL for USDe has reached $8.64 billion, marking a 62.85% increase over the past 30 days. Meanwhile, USDtb's TVL stands at $1.44 billion
#Ethena
Ethena's Total Value Locked Surpasses $10 Billion
According to Foresight News, Ethena's total value locked (TVL) has exceeded $10 billion, as reported by the Ethena website. The TVL for USDe has reached $8.64 billion, marking a 62.85% increase over the past 30 days. Meanwhile, USDtb's TVL stands at $1.44 billion
🚀 Ethena’s TVL Surges Past $10B Milestone! According to data from Ethena’s official site, the total value locked (TVL) in the protocol has soared beyond $10.00 billion, reflecting growing confidence in its synthetic dollar ecosystem. 🔹 $USDe TVL: $8.64B — +62.85% in the last 30 days 🔹 $USDtb TVL: $1.44B This surge highlights increased adoption of decentralized stablecoin infrastructure amid market uncertainty, as users turn to Ethena’s dual-token model for stability and yield opportunities. 📊 Ethena continues to solidify its position as a major player in the DeFi space. Are you watching this DeFi momentum? DYOR No Financial advice! #Ethena #USDe #DeFi   #TVL #Stablecoins $ENA {future}(ENAUSDT)
🚀 Ethena’s TVL Surges Past $10B Milestone!
According to data from Ethena’s official site, the total value locked (TVL) in the protocol has soared beyond $10.00 billion, reflecting growing confidence in its synthetic dollar ecosystem.
🔹 $USDe TVL: $8.64B — +62.85% in the last 30 days
🔹 $USDtb TVL: $1.44B
This surge highlights increased adoption of decentralized stablecoin infrastructure amid market uncertainty, as users turn to Ethena’s dual-token model for stability and yield opportunities.

📊 Ethena continues to solidify its position as a major player in the DeFi space. Are you watching this DeFi momentum?
DYOR No Financial advice!
#Ethena #USDe #DeFi   #TVL #Stablecoins
$ENA
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Bullish
Yo I don’t usually post updates here on Binance, but I gotta share this! Check out my INSANE sniper entry on Ethena trade I’m hyped about!! Want in? Follow me and visit my bio to join my team for more alpha trade. #Ethena #MarketPullback $ENA {future}(ENAUSDT)
Yo I don’t usually post updates here on Binance, but I gotta share this! Check out my INSANE sniper entry on Ethena trade I’m hyped about!! Want in? Follow me and visit my bio to join my team for more alpha trade. #Ethena #MarketPullback $ENA
Top Three Altcoins To Buy in August 2025August is here, and the crypto market might finally be waking up. While Bitcoin and Ethereum have been a bit quiet, some smaller altcoins are starting to move fast. One analyst has listed four altcoins that are showing bullish moves this month and also revealed why they could be good picks for August. TON: Quiet Now, But Big Things Coming TON is one of the top picks for August. The price hasn’t moved much yet, it’s sitting around $3.40—but there’s a big reason for excitement. A new investment vehicle, called the TON Treasury, is expected to launch soon. This could give U.S. investors their first easy way to buy TON, since it’s not on Coinbase or Kraken right now. With TON’s large ecosystem and big user base, this move could bring in a lot of new buyers and push the price up fast.#TON $TON {spot}(TONUSDT) Sonic: Still Low, But Waking Up Sonic is another altcoin that’s getting attention. Right now, it’s trading around $0.30 and has mostly stayed quiet since launch. But that could change quickly. The team behind Sonic is known for strong marketing, and the price is starting to move after a long period of building and development.#SONIC $SONIC {future}(SONICUSDT) Sonic could return to its old highs around $1 if things go right. It’s still early, which makes it an interesting bet for August. Ethena: A Quick Mover Ethena ENAUSDT was called early in Front Runners and quickly went up by 17%. It’s not a large coin, but it’s moving fast. For traders who like quicker gains, Ethena is one to watch closely. It may not be a long-term play, but in the short term, momentum is on its side.#Ethena $ENA {spot}(ENAUSDT)

Top Three Altcoins To Buy in August 2025

August is here, and the crypto market might finally be waking up. While Bitcoin and Ethereum have been a bit quiet, some smaller altcoins are starting to move fast. One analyst has listed four altcoins that are showing bullish moves this month and also revealed why they could be good picks for August.
TON: Quiet Now, But Big Things Coming
TON is one of the top picks for August. The price hasn’t moved much yet, it’s sitting around $3.40—but there’s a big reason for excitement. A new investment vehicle, called the TON Treasury, is expected to launch soon. This could give U.S. investors their first easy way to buy TON, since it’s not on Coinbase or Kraken right now. With TON’s large ecosystem and big user base, this move could bring in a lot of new buyers and push the price up fast.#TON $TON
Sonic: Still Low, But Waking Up
Sonic is another altcoin that’s getting attention. Right now, it’s trading around $0.30 and has mostly stayed quiet since launch. But that could change quickly. The team behind Sonic is known for strong marketing, and the price is starting to move after a long period of building and development.#SONIC $SONIC
Sonic could return to its old highs around $1 if things go right. It’s still early, which makes it an interesting bet for August.
Ethena: A Quick Mover
Ethena
ENAUSDT
was called early in Front Runners and quickly went up by 17%. It’s not a large coin, but it’s moving fast. For traders who like quicker gains, Ethena is one to watch closely. It may not be a long-term play, but in the short term, momentum is on its side.#Ethena $ENA
🚀 Who’s Holding $ENA with Me? 💎 ENA to he Moon – Ethena is looking 🔥 and I’m here for the long game. Drop a comment if you're riding this with wave too. Let’s see who else believes in the synthetic dollar revolution! #ENA #Ethena #HODL #CryptoFam #Binance
🚀 Who’s Holding $ENA with Me? 💎

ENA to he Moon – Ethena is looking 🔥 and I’m here for the long game.
Drop a comment if you're riding this with wave too.

Let’s see who else believes in the synthetic dollar revolution!

#ENA #Ethena #HODL #CryptoFam #Binance
image
ENA
Cumulative PNL
+82.00%
🚀 ENA SKYROCKETS +14.7% IN 24H! 🚀 The Ethena (ENA) bulls are charging hard! 📈 In just 24 hours, ENA has surged +14.7%, breaking past key resistance at $0.54 and hitting $0.67. What’s fueling the pump? 💰 $260M buyback program from StablecoinX 🐋 Whale accumulation & high-volume trading 📊 Bullish breakout confirmed on the charts ⚠️ RSI is flashing overbought, so traders—stay sharp. A cooldown could follow this explosive run. 📅 Will ENA push to $1 next, or are we due for a pullback? Drop your thoughts below 👇 #ENA #Ethena #CryptoPump #Altcoins #CryptoTrading $ENA {spot}(ENAUSDT)
🚀 ENA SKYROCKETS +14.7% IN 24H! 🚀

The Ethena (ENA) bulls are charging hard! 📈
In just 24 hours, ENA has surged +14.7%, breaking past key resistance at $0.54 and hitting $0.67.

What’s fueling the pump?
💰 $260M buyback program from StablecoinX
🐋 Whale accumulation & high-volume trading
📊 Bullish breakout confirmed on the charts

⚠️ RSI is flashing overbought, so traders—stay sharp. A cooldown could follow this explosive run.

📅 Will ENA push to $1 next, or are we due for a pullback?
Drop your thoughts below 👇

#ENA
#Ethena
#CryptoPump
#Altcoins
#CryptoTrading

$ENA
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Bullish
📉 $ENA Rebounds to $0.58 – Holding Support or Just Breathing? 💰 Price: $0.58 (–6%) 📊 7D Performance: +24% 🏦 Market Cap: ~$3.65B | Circulating: 6.35B ENA 🔁 Volume: ~$1.2B – still high activity 🧠 Funding Positive – bulls not backing down 📉 Open Interest dipped slightly – mild cooling 🧱 Support Holding: $0.56–$0.58 zone holding firm 🎯 Next Target: $0.65–$0.70 on bounce 🛑 Risk: Breakdown below $0.56 opens downside to $0.50 My Take: $ENA taking a breather after its recent rally. As long as $0.56 holds, bulls still have the edge. Could reload for a move back toward $0.70. Eyes on funding + OI trends. ⚡ #ENA #Ethena #CryptoUpdate #Altcoins #DeFi {spot}(ENAUSDT)
📉 $ENA Rebounds to $0.58 – Holding Support or Just Breathing?

💰 Price: $0.58 (–6%)
📊 7D Performance: +24%
🏦 Market Cap: ~$3.65B | Circulating: 6.35B ENA
🔁 Volume: ~$1.2B – still high activity

🧠 Funding Positive – bulls not backing down
📉 Open Interest dipped slightly – mild cooling
🧱 Support Holding: $0.56–$0.58 zone holding firm

🎯 Next Target: $0.65–$0.70 on bounce
🛑 Risk: Breakdown below $0.56 opens downside to $0.50

My Take:
$ENA taking a breather after its recent rally. As long as $0.56 holds, bulls still have the edge. Could reload for a move back toward $0.70. Eyes on funding + OI trends. ⚡

#ENA #Ethena #CryptoUpdate #Altcoins #DeFi
$ENA ARMY! THIS IS THE ULTIMATE TEST! 🚨 They want you to get bored. They want you to sell in this chop. They want you to think the momentum is gone. This isn't weakness. This is a WAR OF ATTRITION. Look at the chart. A beautiful 'W' bottom is forming AGAIN. Each dip is getting bought with force. This isn't random price action; this is a massive launchpad being built, shaking out every last paper hand before the real move. $ENA {spot}(ENAUSDT) ⚡️ The smart money is accumulating in this range. 💎 The legends are holding with iron conviction. 🚀 The spring is coiling tighter and tighter for an explosive breakout. Patience in this range will print fortunes. $ENA Don't just watch it happen. Be ready. #ENAUSDT🚨 #ethena
$ENA ARMY! THIS IS THE ULTIMATE TEST! 🚨
They want you to get bored. They want you to sell in this chop. They want you to think the momentum is gone.
This isn't weakness. This is a WAR OF ATTRITION.
Look at the chart. A beautiful 'W' bottom is forming AGAIN. Each dip is getting bought with force. This isn't random price action; this is a massive launchpad being built, shaking out every last paper hand before the real move.
$ENA
⚡️ The smart money is accumulating in this range.
💎 The legends are holding with iron conviction.
🚀 The spring is coiling tighter and tighter for an explosive breakout.
Patience in this range will print fortunes. $ENA
Don't just watch it happen. Be ready.
#ENAUSDT🚨 #ethena
Ethena's Total Value Locked Surpasses $10 Billion According to Foresight News, Ethena's total value locked (TVL) has exceeded $10 billion, as reported by the Ethena website. The TVL for USDe has reached $8.64 billion, marking a 62.85% increase over the past 30 days. Meanwhile, USDtb's TVL stands at $1.44 billion. #ethena
Ethena's Total Value Locked Surpasses $10 Billion
According to Foresight News, Ethena's total value locked (TVL) has exceeded $10 billion, as reported by the Ethena website. The TVL for USDe has reached $8.64 billion, marking a 62.85% increase over the past 30 days. Meanwhile, USDtb's TVL stands at $1.44 billion.
#ethena
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Bullish
🥞 PancakeSwap, 🧬 Ethena, 💧 Raydium, 🚀 Optimism 🛡️ Lido DAO, and 🏔️ Avalanche are each up 6 to 13% in the last 24h! 🔥📊. These altcoins are showing strong bullish momentum today! 💹✨. #ethena #raydium #DAO #OP
🥞 PancakeSwap, 🧬 Ethena, 💧 Raydium, 🚀 Optimism 🛡️ Lido DAO, and 🏔️ Avalanche
are each up 6 to 13% in the last 24h! 🔥📊.
These altcoins are showing strong bullish momentum today! 💹✨.
#ethena #raydium #DAO #OP
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Bullish
🚨 $ENA — The Trap Has Been Sprung. The Reversal is On. They broke support at $0.6200 to create panic. While retail sold the breakdown, smart money started building their long positions in the dirt. This isn't a recovery. It's a calculated reversal. The pain phase is over. The profit phase is beginning. 📉 The break of support was a liquidity grab. A classic whale maneuver. 💎 A clean W-pattern (double bottom) has been carved out, signaling seller exhaustion. 🧠 The recent surge of green candles is the first signal fire. The reversal is starting. Forget the memory of the drop. Focus on the structure being built right now. No hope, just pure price action screaming a change in trend. $ENA {spot}(ENAUSDT) 📉 Position before the breakout confirmation that leaves everyone behind. 🎯 First target: a violent reclaim of the $0.6200 level. 🦈 Don't chase. Anticipate. 🚀 The ascent will be faster and more aggressive than the descent. They made you sell the bottom. Don't let them make you buy the top. $ENA Be sharp. Be decisive. #ENA #ethena #cryptotrading #TechnicalAnalysis
🚨 $ENA — The Trap Has Been Sprung. The Reversal is On.
They broke support at $0.6200 to create panic. While retail sold the breakdown, smart money started building their long positions in the dirt.
This isn't a recovery. It's a calculated reversal.
The pain phase is over. The profit phase is beginning.
📉 The break of support was a liquidity grab. A classic whale maneuver.
💎 A clean W-pattern (double bottom) has been carved out, signaling seller exhaustion.
🧠 The recent surge of green candles is the first signal fire. The reversal is starting.
Forget the memory of the drop. Focus on the structure being built right now.
No hope, just pure price action screaming a change in trend.
$ENA
📉 Position before the breakout confirmation that leaves everyone behind.
🎯 First target: a violent reclaim of the $0.6200 level.
🦈 Don't chase. Anticipate.
🚀 The ascent will be faster and more aggressive than the descent.
They made you sell the bottom. Don't let them make you buy the top. $ENA
Be sharp. Be decisive.
#ENA #ethena #cryptotrading #TechnicalAnalysis
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Bullish
🚨 $ENA — The Bottom is In. The Launchpad is Built. Smart money is buying the fear. While retail capitulates after the drop, whales are absorbing every sell order. This isn't a breakdown. It's a shakeout. The engine is refueling before the next upward launch. 📉 $0.6220 was defended like a fortress. A clear line in the sand. 💎 The bounce from the lows isn't random; it's a sign of aggressive accumulation. $ENA {spot}(ENAUSDT) 🧠 The violent sell-off has stalled. This sideways grind is pure pressure building for a reversal. There’s no panic here — just calculated precision. Forget the red candles; focus on the foundation being laid. 📉 Load up before the market wakes up. 🎯 Aim for the $0.6500 retest and beyond. 🦈 Think like a whale. Act with precision. 🚀 When this moves, it won't be a gentle rise. It will be an explosion. $ENA This is how you catch the bottom. Trade the setup, not the sentiment. Be bold. #ENA #ethena #cryptotrading
🚨 $ENA — The Bottom is In. The Launchpad is Built.
Smart money is buying the fear. While retail capitulates after the drop, whales are absorbing every sell order.
This isn't a breakdown. It's a shakeout.
The engine is refueling before the next upward launch.
📉 $0.6220 was defended like a fortress. A clear line in the sand.
💎 The bounce from the lows isn't random; it's a sign of aggressive accumulation.
$ENA

🧠 The violent sell-off has stalled. This sideways grind is pure pressure building for a reversal.
There’s no panic here — just calculated precision.
Forget the red candles; focus on the foundation being laid.
📉 Load up before the market wakes up.
🎯 Aim for the $0.6500 retest and beyond.
🦈 Think like a whale. Act with precision.
🚀 When this moves, it won't be a gentle rise. It will be an explosion. $ENA
This is how you catch the bottom.
Trade the setup, not the sentiment. Be bold.

#ENA #ethena #cryptotrading
$ENA (Ethena) $ENA isn’t just DeFi — it’s DeFi 2.0 🔥🔥 This is the alpha you’re seeing before the herd 🤷🏻‍♂️🤷🏻‍♂️ Buy $ENA now, thank me later 💁🏻‍♂️💁🏻‍♂️ Follow me and make money 💵💵💵 #ENA #ethena #buy {spot}(ENAUSDT)
$ENA (Ethena)

$ENA isn’t just DeFi — it’s DeFi 2.0 🔥🔥

This is the alpha you’re seeing before the herd 🤷🏻‍♂️🤷🏻‍♂️

Buy $ENA now, thank me later 💁🏻‍♂️💁🏻‍♂️

Follow me and make money 💵💵💵

#ENA #ethena #buy
😱🔥ENA's Strongest Rally of All Time Begins: Shocking 160% Increase!🚀🚀Current Status (July 31, 2025) Price: Ranges around $0.645–$0.668. Average trading at $0.667 according to CoinGecko and CoinMarketCap Last 24-hour gain: Approximately 14–18% upside Weekly gain: Ranges between 40–44%; strong monthly rally of 145–160% Market capitalization: Approximately $4 billion (circulating supply ~6.35 billion #ENA ) 🚀 Technical and Fundamental Momentum 🔹 Key Developments Aave Integration: Ethena's launch of Liquid Leverage on Aave has accelerated demand for $ENA , directly supporting the price and increasing liquidity. Whale Purchases: Approximately 52–79 million ENA tokens were purchased in the last 7 days. This signals strong institutional interest and a buy-on-the-dip strategy. StablecoinX buyback: StablecoinX's $260M buyback program is reducing the circulating supply, putting positive pressure on the price again. TVL Increase: TVL on the Ethena protocol increased by 50% in one month, reaching a high of $8.44 billion. 🔸 Technical Indicators Resistance Break: $0.60 level broken and held above; several indicators are targeting the $0.75–$1 range in the medium term. Momentum & RSI: RSI around ~60–67; Although it may be an overbought signal, it still has upside potential (the MACD is positive, trading above the 7-day SMA). Volatility: The widening of the Bollinger Bands indicates increased volatility, meaning bullish breakouts or consolidations can be expected in the short term. 📈 Price Scenarios Expected Range Short-term: $0.60–$0.70; support/resistance tests may continue within this range. Medium-term (weeks–months) targets between $0.75–$1.00 emerge based on technical formations. Long-term: Depending on team growth and stablecoin adoption, scenarios of $1.00+ are possible. Coil pressure (whale and institutional purchases) currently provides strong support. However, token unlocks and correction risks may pose potential resistance in the future. 🎯 General Assessment & Strategy Recommendation Entry Level: Support is strong near $0.60. An entry level can be made at this level. Profit/loss targets: Stop-loss can be below $0.58; the initial take-profit target is $0.70, with a range of $0.75–$0.78 following. Continuation monitoring: AAVE adoption, USD growth, TVL growth, and token supply dynamics will be critical. Risks: Token unlock schedule, macro crypto or regulatory risk, expectations being disappointed. ✨ Summary Price as of July 31, 2025: ~$0.645–$0.668 Short-term trend: Strong uptrend, supported price above $0.60 Medium- to long-term outlook: $0.75–$1.00 is highly feasible Key drivers: DeFi integrations, whale buying, stablecoin ecosystem, and strategic buybacks Closely monitoring ENA's performance and developing a strategy by integrating fundamental developments with technical signals is crucial. #ethena #FOMCMeeting #EthereumTurns10 #BNBATH

😱🔥ENA's Strongest Rally of All Time Begins: Shocking 160% Increase!🚀🚀

Current Status (July 31, 2025)
Price: Ranges around $0.645–$0.668. Average trading at $0.667 according to CoinGecko and CoinMarketCap
Last 24-hour gain: Approximately 14–18% upside
Weekly gain: Ranges between 40–44%; strong monthly rally of 145–160%
Market capitalization: Approximately $4 billion (circulating supply ~6.35 billion #ENA )
🚀 Technical and Fundamental Momentum
🔹 Key Developments
Aave Integration: Ethena's launch of Liquid Leverage on Aave has accelerated demand for $ENA , directly supporting the price and increasing liquidity.
Whale Purchases: Approximately 52–79 million ENA tokens were purchased in the last 7 days. This signals strong institutional interest and a buy-on-the-dip strategy.
StablecoinX buyback: StablecoinX's $260M buyback program is reducing the circulating supply, putting positive pressure on the price again.
TVL Increase: TVL on the Ethena protocol increased by 50% in one month, reaching a high of $8.44 billion.
🔸 Technical Indicators
Resistance Break: $0.60 level broken and held above; several indicators are targeting the $0.75–$1 range in the medium term.
Momentum & RSI: RSI around ~60–67; Although it may be an overbought signal, it still has upside potential (the MACD is positive, trading above the 7-day SMA).
Volatility: The widening of the Bollinger Bands indicates increased volatility, meaning bullish breakouts or consolidations can be expected in the short term.
📈 Price Scenarios
Expected Range
Short-term: $0.60–$0.70; support/resistance tests may continue within this range.
Medium-term (weeks–months) targets between $0.75–$1.00 emerge based on technical formations.
Long-term: Depending on team growth and stablecoin adoption, scenarios of $1.00+ are possible.
Coil pressure (whale and institutional purchases) currently provides strong support.
However, token unlocks and correction risks may pose potential resistance in the future.
🎯 General Assessment & Strategy Recommendation
Entry Level: Support is strong near $0.60. An entry level can be made at this level.
Profit/loss targets: Stop-loss can be below $0.58; the initial take-profit target is $0.70, with a range of $0.75–$0.78 following.
Continuation monitoring: AAVE adoption, USD growth, TVL growth, and token supply dynamics will be critical.
Risks: Token unlock schedule, macro crypto or regulatory risk, expectations being disappointed.
✨ Summary
Price as of July 31, 2025: ~$0.645–$0.668
Short-term trend: Strong uptrend, supported price above $0.60
Medium- to long-term outlook: $0.75–$1.00 is highly feasible
Key drivers: DeFi integrations, whale buying, stablecoin ecosystem, and strategic buybacks
Closely monitoring ENA's performance and developing a strategy by integrating fundamental developments with technical signals is crucial.
#ethena #FOMCMeeting #EthereumTurns10 #BNBATH
NFT Kamezaki:
$ERA 🚀💪
--
Bullish
🚨 \$ENA {spot}(ENAUSDT) — The Floor is Set. The Rocket is Ready. Big players are stacking while small traders sell in fear. The drop isn’t a collapse — it’s a trap for the impatient. The market is simply recharging before the next surge. 📉 **\$0.6220** held firm like a wall — the key support line. 💎 The sharp rebound from the lows signals heavy buying by the strong hands. \$ENA **0.6308** **+13.08%** 🧠 The aggressive dump has paused. Sideways movement now is just pressure building for the breakout. No fear here — only calculated moves. Ignore the red candles; the base is forming. 📉 Position before the market realizes it. 🎯 Eyes on **\$0.6500** and higher. 🦈 Move like the whales — with intent and accuracy. 🚀 When this takes off, it’ll be a violent move, not a slow climb. This is the moment to catch the real bottom. Trade the pattern, not the panic. Dare to act. \#ENA #ethena #cryptotrading
🚨 \$ENA
— The Floor is Set. The Rocket is Ready.

Big players are stacking while small traders sell in fear. The drop isn’t a collapse — it’s a trap for the impatient.
The market is simply recharging before the next surge.

📉 **\$0.6220** held firm like a wall — the key support line.
💎 The sharp rebound from the lows signals heavy buying by the strong hands.

\$ENA
**0.6308**
**+13.08%**

🧠 The aggressive dump has paused. Sideways movement now is just pressure building for the breakout.
No fear here — only calculated moves.

Ignore the red candles; the base is forming.
📉 Position before the market realizes it.
🎯 Eyes on **\$0.6500** and higher.

🦈 Move like the whales — with intent and accuracy.
🚀 When this takes off, it’ll be a violent move, not a slow climb.

This is the moment to catch the real bottom.
Trade the pattern, not the panic. Dare to act.

\#ENA #ethena #cryptotrading
I will translate your request into English and then provide a summary. Translation: "I want a summary" The post you provided details the recent price drop of Ethena (ENA). Here is a summary of the key points: * Price Drop: Ethena's (ENA) price fell 2.7% in 24 hours. * Main Reasons: The drop is mainly due to three factors: traders taking profits after a 17.89% weekly increase, the price hitting a technical resistance level near $0.68, and a minor decline in the overall cryptocurrency market. * Whale Activity: The post highlights that large investors ("whales") control a significant portion (75.76%) of the ENA supply, which can lead to increased price volatility during sell-offs. * Technical Indicators: The analysis shows that ENA failed to stay above key technical levels, such as the 23.6% Fibonacci retracement and the 7-day Simple Moving Average. The post also notes that more long positions were liquidated than short ones, indicating a bearish sentiment in the short term. * Market Context: The post concludes by mentioning that Bitcoin's dominance is increasing, causing capital to shift away from altcoins like ENA, and raises the question of whether DeFi demand can help ENA regain its momentum. what you think ? what happened? #ethena #$ENA #waifuuss
I will translate your request into English and then provide a summary.
Translation: "I want a summary"
The post you provided details the recent price drop of Ethena (ENA). Here is a summary of the key points:
* Price Drop: Ethena's (ENA) price fell 2.7% in 24 hours.
* Main Reasons: The drop is mainly due to three factors: traders taking profits after a 17.89% weekly increase, the price hitting a technical resistance level near $0.68, and a minor decline in the overall cryptocurrency market.
* Whale Activity: The post highlights that large investors ("whales") control a significant portion (75.76%) of the ENA supply, which can lead to increased price volatility during sell-offs.
* Technical Indicators: The analysis shows that ENA failed to stay above key technical levels, such as the 23.6% Fibonacci retracement and the 7-day Simple Moving Average. The post also notes that more long positions were liquidated than short ones, indicating a bearish sentiment in the short term.
* Market Context: The post concludes by mentioning that Bitcoin's dominance is increasing, causing capital to shift away from altcoins like ENA, and raises the question of whether DeFi demand can help ENA regain its momentum.
what you think ? what happened?
#ethena #$ENA #waifuuss
📈 Top 24 Hour Gainers (per CoinMarketCap). 🥞 PancakeSwap (CAKE), 🧝‍♀️ Ethena, 💠 SPX, 🌊 Raydium (RAY), 🌟 Optimism (OP), and 🟡 BNB all up 🚀 6 to 13% in daily gains! 💹🔥. #Cake #ethena #spk #Ray #OP
📈 Top 24 Hour Gainers (per CoinMarketCap).
🥞 PancakeSwap (CAKE), 🧝‍♀️ Ethena, 💠 SPX, 🌊 Raydium (RAY), 🌟 Optimism (OP), and 🟡 BNB all up 🚀 6 to 13% in daily gains! 💹🔥.
#Cake #ethena #spk #Ray #OP
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Bullish
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