{future}(ENAUSDT)
$ENA 21% 24-hour surge reflects bullish technicals, whale accumulation, and growing optimism around its synthetic dollar model.
Breakout above $0.45 resistance with 157% volume spike
Arthur Hayes’ $1.5M ENA purchase (July 12) and bullish community sentiment
GENIUS Act progress reducing regulatory risks for USDe stablecoin
Deep Dive
1. Primary Catalyst: Technical Breakout
ENA surged past the critical $0.45 resistance (Fibonacci 61.8% level) on July 19-20, triggering short liquidations and momentum buying. The move was confirmed by:
RSI(14) at 76.06 (bullish but not overbought)
MACD histogram rising to +0.0145 (strong bullish crossover)
Volume spike to $834M (+157% vs prior day)
This technical momentum aligns with a July 20 community post targeting $5 if $0.40-$0.45 holds.
2. Supporting Factors: Strategic Positioning
Arthur Hayes’ accumulation: The BitMEX co-founder bought 4.2M ENA ($1.5M) via Binance/Wintermute on July 12, framing it as an altseason play
Regulatory tailwinds: Ethena argued successfully to SEC that USDe isn’t a security, sidestepping GENIUS Act restrictions ,
Institutional flows: Mirana Ventures withdrew $3.57M ENA from Binance on July 14, signaling accumulation
Conclusion
ENA’s rally combines technical momentum with strategic positioning by crypto whales and reduced regulatory overhang. While the 4-hour RSI(7) at 88.23 suggests overheating, the break above $0.45 opens a path toward $0.68 (127.2% Fibonacci extension).
Watch this week: Can ENA hold above its 20-day EMA ($0.377) to confirm the uptrend?
#ENA #ethena
According to Odaily, Bloomberg ETF analyst James Seyffart shared on the X platform that several institutions have submitted applications for Ethereum ETF staking options, which will require more time to complete. The final deadline for early applications is set for late October 2025, while BlackRock's Ethereum ETH staking application is expected to be reviewed by April 2026. However, it is anticipated that approval could occur as early as the fourth quarter of 2025. Meanwhile, VanEck, 21Shares, and Canary Capital have urged the U.S. Securities and Exchange Commission to adopt a first-come, first-served approval process, rather than approving applications in bulk alongside BlackRock's later submission.
{spot}(XRPUSDT)
{future}(BNBUSDT)
{spot}(ETHUSDT)
$ETH just tagged $3,748 🚀
This isn’t just a rally — this is macro trend continuation.
• +5.2% daily gain
• RSI screaming strength across all timeframes
• Price flying above all major EMAs
• Demand overpowering supply
Zoom out — ETH has climbed nearly +77% since its June low of $2,111.
Momentum is real.
If $3,750 breaks with volume, $3,830+ is next up.
Smart contract season is officially live.
{spot}(ETHUSDT)
ADA Surges 3.67% as Large Holders Accumulate 310M Tokens and Cardano Eyes DeFi Expansion
Cardano (ADAUSDT) has experienced a 3.67% price increase over the past 24 hours, with the current price at $0.8521 on Binance. This upward movement is attributed to several factors: increased accumulation by large holders (310 million ADA since early June), heightened on-chain activity with over 137 transactions exceeding $1 million in the last day, and positive sentiment following Charles Hoskinson's proposal to convert $100 million from the Cardano treasury into stablecoins and Bitcoin to support DeFi initiatives. Additionally, optimism around potential spot Cardano ETFs and increased institutional interest have contributed to bullish momentum, despite a 7% decline in open interest for ADA derivatives and ongoing regulatory discussions in the U.S. The market remains active, with 24-hour trading volume exceeding $1.1 billion and Cardano's market capitalization near $30.79 billion, positioning it among the top 10 cryptocurrencies.
🚀 $ETH Breakout Alert – Eyes on $5K!
Ethereum just broke out strong, blasting through resistance to hit $3,723 (+3.66% daily)! Momentum is building fast, and the structure has shifted into full bull mode. 📈
📊 Trend Strength
MA20: $2,938 ✅ (Support retaken with conviction)
MA50: $2,683 ✅
MA200: $2,478 ✅ (Confirmed long-term trend reversal!)
🎯 Targets Ahead:
🥇 $4,000 – Major psychological resistance + May 2024 highs
🥈 $4,500 – Cycle top retest zone
🥉 $5,000 – All-Time High in sight 💥
🛡️ Risk Management:
Suggested stop loss: below $3,200 — avoid bull trap reversals.
🔥 Why ETH?
ETF Buzz: Spot Ether ETFs are just around the corner
L2 Explosion: Rollups & EigenLayer bringing massive real-world utility
Macro Bullish Setup: Golden cross + growing weekly momentum
💡 ETH is no longer consolidating — it’s expanding. The breakout structure is undeniable.
⚠️ As always, Do Your Own Research. Not financial advice. Risk smart.
#ETH #ETHBreaks3700 #CryptoBreakout #BullRun #Altseason2025 $ETH
{future}(ETHUSDT)