Ethena is growing strongly, reaching a 6-month high and attracting significant capital inflow.
With an increase of 25.74% to $0.499, Ethena is experiencing strong accumulation from investors, along with a surge in trading volume and market capitalization.
MAIN CONTENT
Ethena recorded a breakthrough out of the downtrend channel with an increase of over 25% in 24 hours.
The volume of buying significantly exceeds selling, indicating a positive trend from buyers.
Futures show dominance of long positions with a Long:Short ratio of 2.58, warning that the upward trend will continue.
Ethena has recorded a positive recovery thanks to strong buying inflow.
Experts from Coinalyze noted that for the first time in 10 days, Ethena had a breakthrough in buying volume as Volume Buy exceeded Volume Sell for two consecutive days. This reflects positive sentiment and the return of whales and proactive investors stocking up.
Specifically, on July 19, buying volume reached 105.31 million, higher than the 105.02 million selling volume, which continued to be reinforced the next day with 106.12 million compared to 91.98 million. The positive Buy-Sell Delta indicates overwhelming buying pressure, representing significant entry points in the short and medium term.
Market analyst Tobias O’Donnell emphasized: "The surge in consecutive buying volume is a sign that investors are preparing for a sustainable upward trend."
Tobias O’Donnell – Cryptocurrency Analyst, 2025
The Futures market shows a clear dominance of long positions.
Data from Coinalyze shows that Ethena's Long-Short ratio reached 2.58, implying that the majority of futures investors are betting on a price increase. The data indicates that long positions account for 72.09% of total positions, demonstrating strong confidence in continued growth potential.
At the same time, the Funding Rate has maintained a positive state over the past week, further reinforcing market confidence in the upward trend of ETHNA.
"A prolonged positive Funding Rate reflects strong capital inflows and high optimism from investors," said John Marris, Director of the Financial Investment Fund.
John Marris – Director of the Financial Investment Fund, 2025
Can Ethena maintain this upward momentum in the long term?
Technical analysis from TinTucBitcoin shows that Ethena has surpassed the long-term moving averages of 200MA and 200EMA for the first time since February, standing at $0.4417 and $0.41. This is considered a strong positive signal for the next upward movement of this coin.
If Ethena closes firmly above this area, the upward trend will continue with the next resistance target around $0.68. Conversely, if it fails to maintain its position above the 200MA, the price could adjust to $0.41.
Source: TradingView
Index July 17 July 19 July 20 Ethena Price (USD) 0.25 0.45 0.49 Buying Volume (million) — 105.31 106.12 Selling Volume (million) — 105.02 91.98 Long-Short Futures Ratio — — 2.58
Frequently Asked Questions
What is Ethena and why is the price rising sharply?
Ethena is an altcoin experiencing strong price growth thanks to a technical breakout and large buying inflow from whales and retail investors over the past two weeks.
What does an increase in trading volume mean?
A spike in trading volume indicates high interest and liquidity, while signaling a continuing upward trend is well-founded.
What is the Futures Long Short Ratio and how does it affect the market?
The Long Short Ratio measures the ratio of long positions to short positions in futures. A high ratio indicates strong buying pressure and market expectations for price increases.
Will Ethena reach the next resistance levels?
If it holds above the long-term MA lines, Ethena has the potential to conquer the resistance of $0.68 in the upcoming sessions.
Is information about the Funding Rate important?
A stable positive Funding Rate is a positive signal, indicating that capital inflow into Futures is supporting the price increase of cryptocurrencies.
Source: https://tintucbitcoin.com/ethena-tang-25-ena-co-len-068/
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