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ethena

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Daniel-69
ยท
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Bullish
๐Ÿ“Š ENA/USDT Market Update: Key Levels to Watch! ๐Ÿ“ŠThe ENA/USDT trading pair is showing tight consolidation as it recovers from its all-time lows printed in June. The market is currently wrestling between short-term bearish pressure and long-term accumulation zones.๐Ÿ“‰ Bearish Resistance: Sellers are actively defending the $0.088 โ€“ $0.090 resistance zone. A sustained rejection here could trigger another short-term retest of the lower trendlines.๐Ÿ“ˆ Bullish Catalyst: On-chain activity remains interesting. Recent large transfers from Ethena-associated custody wallets have created localized selling pressure, but if the critical pivot floor holds, buyers could step in for a wedge breakout continuation.๐ŸŽฏ Key Levels to Trade:Immediate Support: $0.082 โ€“ $0.085Major Invalidation Line: $0.080Main Resistance Targets: $0.091 and $0.100๐Ÿ’ก Trading Tip: Always watch exchange netflows and manage your risk properly before entering futures or spot positions!Whatโ€™s your play for Ethena today? Are you Accumulating or Shorting? ๐Ÿ‘‡#ENA #ENAUSDT #Ethena #CrudeBrieflyFallsBelow$90 #CrudeBrieflyFallsBelow$90 {spot}(ENAUSDT)
๐Ÿ“Š ENA/USDT Market Update: Key Levels to Watch! ๐Ÿ“ŠThe ENA/USDT trading pair is showing tight consolidation as it recovers from its all-time lows printed in June. The market is currently wrestling between short-term bearish pressure and long-term accumulation zones.๐Ÿ“‰ Bearish Resistance: Sellers are actively defending the $0.088 โ€“ $0.090 resistance zone. A sustained rejection here could trigger another short-term retest of the lower trendlines.๐Ÿ“ˆ Bullish Catalyst: On-chain activity remains interesting. Recent large transfers from Ethena-associated custody wallets have created localized selling pressure, but if the critical pivot floor holds, buyers could step in for a wedge breakout continuation.๐ŸŽฏ Key Levels to Trade:Immediate Support: $0.082 โ€“ $0.085Major Invalidation Line: $0.080Main Resistance Targets: $0.091 and $0.100๐Ÿ’ก Trading Tip: Always watch exchange netflows and manage your risk properly before entering futures or spot positions!Whatโ€™s your play for Ethena today? Are you Accumulating or Shorting? ๐Ÿ‘‡#ENA #ENAUSDT #Ethena #CrudeBrieflyFallsBelow$90 #CrudeBrieflyFallsBelow$90
ยท
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Bearish
๐Ÿ”ด $ENA {future}(ENAUSDT) Long Liquidation Alert ๐Ÿ’ฐ Liquidated Amount: $13.925K ๐Ÿ“ Liquidation Price: $0.08497 (BINANCE) โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” ๐Ÿ“Š Trade Outlook Market Bias: Bearish Liquidity: Downside Liquidity Sweep ๐ŸŽฏ Target: $0.08240 ๐Ÿ“ฅ Entry Zone: $0.08460โ€“$0.08430 ๐Ÿ“ˆ Take Profit: $0.08290 ๐Ÿ›‘ Stop Loss: $0.08610 โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” โšก ELITE TRADE INSIGHT โšก The liquidation near $0.08497 points to sustained selling pressure as downside liquidity continues attracting price. Waiting for additional bearish confirmation before committing to a trade may improve probability, while disciplined risk management remains essential in volatile conditions. #ENA #ethena #stablecoin
๐Ÿ”ด $ENA
Long Liquidation Alert
๐Ÿ’ฐ Liquidated Amount:
$13.925K
๐Ÿ“ Liquidation Price:
$0.08497 (BINANCE)
โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”
๐Ÿ“Š Trade Outlook
Market Bias: Bearish
Liquidity: Downside Liquidity Sweep
๐ŸŽฏ Target: $0.08240
๐Ÿ“ฅ Entry Zone: $0.08460โ€“$0.08430
๐Ÿ“ˆ Take Profit: $0.08290
๐Ÿ›‘ Stop Loss: $0.08610
โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”
โšก ELITE TRADE INSIGHT โšก
The liquidation near $0.08497 points to sustained selling pressure as downside liquidity continues attracting price. Waiting for additional bearish confirmation before committing to a trade may improve probability, while disciplined risk management remains essential in volatile conditions.
#ENA #ethena #stablecoin
ยท
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Yesterday, a wallet tied to a token's own custody provider moved $26 million toward an address with a track record of ending up on exchanges. Today, that same token gave back most of what it had gained all week. Ethena's ENA broke out of a multi-week base around 0.082โ€“0.084 starting July 21, rallying to a high near 0.093 by July 23 โ€” right around when 290 million ENA (about $26.4 million) moved from an Ethena-linked Coinbase Prime custody wallet to a personal wallet that has historically preceded exchange deposits and selling. On the 4H chart, today's session shows a sharp reversal: price fell back to 0.0873, breaking below the EMA9 (0.0887) and EMA21 (0.0880) it had been riding since the breakout, though it's still holding well above the slowly rising EMA200 near 0.0834. RSI cooled from a peak in the high-60s down to a neutral 49.34, and the MACD histogram just turned slightly negative. A pullback that still holds above a rising 200 EMA usually reads as a breakout resetting, not failing โ€” that part of the chart is unremarkable on its own. What changes the read is the wallet: a transfer like this, on its own, is not a sale, and no exchange deposit has been confirmed yet. Whether today's red candle is a normal cooldown or the first sign of that transfer turning into real selling pressure isn't visible in the candle itself โ€” it shows up in what that wallet does next. Not financial advice โ€” for informational purposes only. #ENA #ethena #Binance $ENA
Yesterday, a wallet tied to a token's own custody provider moved $26 million toward an address with a track record of ending up on exchanges. Today, that same token gave back most of what it had gained all week.

Ethena's ENA broke out of a multi-week base around 0.082โ€“0.084 starting July 21, rallying to a high near 0.093 by July 23 โ€” right around when 290 million ENA (about $26.4 million) moved from an Ethena-linked Coinbase Prime custody wallet to a personal wallet that has historically preceded exchange deposits and selling.

On the 4H chart, today's session shows a sharp reversal: price fell back to 0.0873, breaking below the EMA9 (0.0887) and EMA21 (0.0880) it had been riding since the breakout, though it's still holding well above the slowly rising EMA200 near 0.0834. RSI cooled from a peak in the high-60s down to a neutral 49.34, and the MACD histogram just turned slightly negative.

A pullback that still holds above a rising 200 EMA usually reads as a breakout resetting, not failing โ€” that part of the chart is unremarkable on its own. What changes the read is the wallet: a transfer like this, on its own, is not a sale, and no exchange deposit has been confirmed yet.
Whether today's red candle is a normal cooldown or the first sign of that transfer turning into real selling pressure isn't visible in the candle itself โ€” it shows up in what that wallet does next.

Not financial advice โ€” for informational purposes only.

#ENA #ethena #Binance $ENA
๐Ÿ”ด $ENA {future}(ENAUSDT) Long Liquidation Alert ๐Ÿ’ฐ Liquidated Amount: $2.4717K ๐Ÿ“ Liquidation Price: 0.08782 (BINANCE) โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” ๐Ÿ“Š Trade Outlook ๐ŸŽฏ Target: 0.08590 ๐Ÿ“ฅ Entry Zone: 0.08710โ€“0.08740 ๐Ÿ“ˆ Take Profit: 0.08620 ๐Ÿ›‘ Stop Loss: 0.08890 โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” โšก ELITE TRADE INSIGHT โšก The liquidation reflects sustained selling pressure as leveraged long positions were forced to unwind. Downside liquidity remains a key area to watch, but confirmation of momentum should precede any trade while maintaining disciplined risk management. #ENA #Ethena #SyntheticDollar
๐Ÿ”ด $ENA
Long Liquidation Alert
๐Ÿ’ฐ Liquidated Amount:
$2.4717K
๐Ÿ“ Liquidation Price:
0.08782 (BINANCE)
โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”
๐Ÿ“Š Trade Outlook
๐ŸŽฏ Target:
0.08590
๐Ÿ“ฅ Entry Zone:
0.08710โ€“0.08740
๐Ÿ“ˆ Take Profit:
0.08620
๐Ÿ›‘ Stop Loss:
0.08890
โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”
โšก ELITE TRADE INSIGHT โšก
The liquidation reflects sustained selling pressure as leveraged long positions were forced to unwind. Downside liquidity remains a key area to watch, but confirmation of momentum should precede any trade while maintaining disciplined risk management.
#ENA
#Ethena
#SyntheticDollar
๐Ÿ“Š On-chain data: Ethereum Aave ecosystem USDe weekly liquidity increases by 11.1%. The capital scale grows from $368 million to $409 million, and net inflows are clearly defined. 1. Growth logic: Aave is the core platform for USDe. Users use sUSDe as collateral to conduct loop lending/borrowing arbitrage, and the closed-loop yield attracts incremental capital to continuously settle. 2. Fundamental support: USDe adopts a hedging strategy to peg to the US dollar, generating stable returns by relying on U.S. Treasuries, making it suitable for the current high-interest-rate environment; Aave V4 is highly compatible with USDeโ€” the higher the liquidity depth, the stronger the tolerance for leverage-based borrowing strategies. 3. Market outlook: Stablecoin capital inflows are long-term incremental demand. Itโ€™s bullish for $ENA and $AAVE , indicating a recovery in the popularity of the DeFi fixed-income segment, with risk appetite steadily rising. #USDe้“พไธŠๆ•ฐๆฎ #Ethena #Aave #็จณๅฎšๅธ่ต›้“ {future}(AAVEUSDT) {future}(ENAUSDT)
๐Ÿ“Š On-chain data: Ethereum Aave ecosystem USDe weekly liquidity increases by 11.1%. The capital scale grows from $368 million to $409 million, and net inflows are clearly defined.

1. Growth logic: Aave is the core platform for USDe. Users use sUSDe as collateral to conduct loop lending/borrowing arbitrage, and the closed-loop yield attracts incremental capital to continuously settle.

2. Fundamental support: USDe adopts a hedging strategy to peg to the US dollar, generating stable returns by relying on U.S. Treasuries, making it suitable for the current high-interest-rate environment;
Aave V4 is highly compatible with USDeโ€” the higher the liquidity depth, the stronger the tolerance for leverage-based borrowing strategies.

3. Market outlook: Stablecoin capital inflows are long-term incremental demand. Itโ€™s bullish for $ENA and $AAVE , indicating a recovery in the popularity of the DeFi fixed-income segment, with risk appetite steadily rising.

#USDe้“พไธŠๆ•ฐๆฎ #Ethena #Aave #็จณๅฎšๅธ่ต›้“
ยท
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Article
$ENA Could Be Setting Up For A 20x Moveโ€ฆ This One Level Changes Everything$ENA Could Be Setting Up For A 20x Moveโ€ฆ This One Level Changes Everything #ENA Has Completed Two Nearly Identical -73% Distribution Legs, Swept ATL Liquidity, And Built A 5-Month HTF Accumulation Base. Structure Is Improving, But Confirmation Is Still Needed. Technical Structure โœ… 20-Month Compression Ended With HTF Breakdown โœ… -94% Down From ATH $1.52 โœ… Perfect Support โ†’ Resistance Retest Triggered Final -73% Decline โœ… Two Symmetrical -73% Legs Suggest Distribution May Be Complete โœ… HR-HR Accumulation Zone: $0.077โ€“$0.056 โœ… ATL Liquidity Sweep Completed Around $0.0699 โœ… Bullish Weekly Reclaim Above Range High โœ… HTF Bias Turns Bullish Above $0.1402 โœ… Weekly Invalidation: $0.054 โžก๏ธ Apr 2024: ATH โ†’ Distribution Begins โžก๏ธ Nov 2025: HTF Breakdown Confirmed โžก๏ธ Jan 2026: Failed Retest Completes Markdown โžก๏ธ Febโ€“Jul 2026: 5-Month Accumulation Base โžก๏ธ Current Phase: Accumulation โ†’ Prove-It Scenario 1 โ†’ Accumulation Continues: As Long As ENA Holds $0.077โ€“$0.056, The Base Remains Valid. A Retest Of $0.078โ€“$0.082 Could Offer A Better Spot Entry. Scenario 2 โ†’ HTF Breakout: A Weekly Close Above $0.1402 Confirms Trend Reversal And Opens The Path Toward: $0.25 โ†’ $0.52 โ†’ $1.2 โ†’ $2+ Fundamental View: โœ… Fee Switch Improves ENA Value Capture โœ… Institutional Adoption Continues Growing โš ๏ธ Token Unlocks Remain The Biggest Risk โš ๏ธ $USDE Supply Growth Is A Key Metric To Watch The $0.077โ€“$0.056 Zone Offers One Of The Best Long-Term Risk/Reward Setups, But Patience Is Critical. A Confirmed Bull Market Begins Only Above $0.1402. TA Only. Not Financial Advice. ALWAYS DYOR. #Ethena #CryptoPatel {future}(ENAUSDT)

$ENA Could Be Setting Up For A 20x Moveโ€ฆ This One Level Changes Everything

$ENA Could Be Setting Up For A 20x Moveโ€ฆ This One Level Changes Everything
#ENA Has Completed Two Nearly Identical -73% Distribution Legs, Swept ATL Liquidity, And Built A 5-Month HTF Accumulation Base. Structure Is Improving, But Confirmation Is Still Needed.
Technical Structure
โœ… 20-Month Compression Ended With HTF Breakdown
โœ… -94% Down From ATH $1.52
โœ… Perfect Support โ†’ Resistance Retest Triggered Final -73% Decline
โœ… Two Symmetrical -73% Legs Suggest Distribution May Be Complete
โœ… HR-HR Accumulation Zone: $0.077โ€“$0.056
โœ… ATL Liquidity Sweep Completed Around $0.0699
โœ… Bullish Weekly Reclaim Above Range High
โœ… HTF Bias Turns Bullish Above $0.1402
โœ… Weekly Invalidation: $0.054
โžก๏ธ Apr 2024: ATH โ†’ Distribution Begins
โžก๏ธ Nov 2025: HTF Breakdown Confirmed
โžก๏ธ Jan 2026: Failed Retest Completes Markdown
โžก๏ธ Febโ€“Jul 2026: 5-Month Accumulation Base
โžก๏ธ Current Phase: Accumulation โ†’ Prove-It
Scenario 1 โ†’ Accumulation Continues:
As Long As ENA Holds $0.077โ€“$0.056, The Base Remains Valid. A Retest Of $0.078โ€“$0.082 Could Offer A Better Spot Entry.
Scenario 2 โ†’ HTF Breakout:
A Weekly Close Above $0.1402 Confirms Trend Reversal And Opens The Path Toward: $0.25 โ†’ $0.52 โ†’ $1.2 โ†’ $2+
Fundamental View:
โœ… Fee Switch Improves ENA Value Capture
โœ… Institutional Adoption Continues Growing
โš ๏ธ Token Unlocks Remain The Biggest Risk
โš ๏ธ $USDE Supply Growth Is A Key Metric To Watch
The $0.077โ€“$0.056 Zone Offers One Of The Best Long-Term Risk/Reward Setups, But Patience Is Critical. A Confirmed Bull Market Begins Only Above $0.1402.
TA Only. Not Financial Advice. ALWAYS DYOR.
#Ethena #CryptoPatel
$ENA from 0.09299 to 0.08515 in one fell swoop, down 8.5%. The huge sell-off bearish candle of 239 million lots at 12:00 noon on July 24, which was directly smashed from 0.08849 to 0.08515, a drop of 3.7%. This is the largest single-candle trading volume in recent timesโ€”the main force is distributing. After the sell-off, the price rebounded with no strength, only returning to around 0.087. ENA is the token of Ethena, a synthetic U.S. dollar protocol, and the issuer of the USDe stablecoin. In the DeFi sector, ENA is considered a star project, but even star projects are not immune to being dumped. When the broader market is weak, DeFi tokens are often the first to be soldโ€”because they are the altcoins with the best liquidity. Market signals. 0.09299 is the recent high, occurring at 16:00 on July 22. After that, the highs stepped down one by one: 0.09299, 0.09227, 0.09186, 0.09138, 0.08778. Five steps. The lows also moved down in sync: 0.08975 to 0.08852 to 0.08778 to 0.08515. The 4H timeframe has been in a downtrend for two days, with a very steep slope. 0.08515 is the 24H low, just tested. If it breaks, the area around 0.083 would be the previous support. Market sentiment. Funding rate -0.00000009%. Nearly zero. Bulls and bears are not interested. ENA, as a DeFi star token, should normally have relatively steady long-short competition. But with the rate at zero, it indicates speculative funds are retreating. The market is waiting and watching, awaiting direction from BTC. Without catalysts, ENA can only look for support within the old range. Whale movements. The 239 million-lot expanded-volume bearish candle at 12:00 on July 24 smashed price from 0.08849 down to 0.08665. This is the largest single-candle trading volume recently. The main force actively hit the market to test the buy support below. After the dump, the price continued sliding to 0.08515. The whales are gradually pressing down the price, seeking a cheaper level to build positions. The 279 million-lot bullish candle at 16:00 on July 22 lifted price to 0.09299 โ€” the last wave of active pumping. After that, all candles have been running on reduced volume. Volume-price structure. Downswing with increased volume, rebound with decreased volume. The 239 million-lot sell volume compared to the rebound volume of 80 million to 120 million lots shows a huge disparity. During the decline from 0.09299, the earlier volume-expanding candles (279 million, 379 million, 239 million lots) were the first three for lifting, while the last one was the sell dump. The 379 million-lot bearish candle at 12:00 on July 23 was the turning point; from then on, ENA began its downward trend. If 0.08515 is broken through, there is no dense trading zone below near 0.083, making it easier for the sell-off to accelerate. Candlestick details. That long bearish candle at 12:00 on July 24 had a body of 184 basis points and almost no upper wick. Sell orders dominated from the open to the close. Then the rebound candle at 16:00 on July 24 rose to 0.08778, with a very small bodyโ€”only 83 million lots. The rebound on reduced volume lacked strength. The current 4H candle is around 0.08723 with trading volume of only 1.78 million lots. Trading is thin; the market is waiting for direction. Niniโ€™s plan. Slightly bearish. Current price 0.08723. If it breaks below 0.08515, go short with target 0.08300 and stop-loss at 0.09000. If it breaks out above 0.09000 with volume and holds, abandon the short and observe. Do not open positions in the middle area. #ENA #ENA #Ethena
$ENA from 0.09299 to 0.08515 in one fell swoop, down 8.5%. The huge sell-off bearish candle of 239 million lots at 12:00 noon on July 24, which was directly smashed from 0.08849 to 0.08515, a drop of 3.7%. This is the largest single-candle trading volume in recent timesโ€”the main force is distributing. After the sell-off, the price rebounded with no strength, only returning to around 0.087.

ENA is the token of Ethena, a synthetic U.S. dollar protocol, and the issuer of the USDe stablecoin. In the DeFi sector, ENA is considered a star project, but even star projects are not immune to being dumped. When the broader market is weak, DeFi tokens are often the first to be soldโ€”because they are the altcoins with the best liquidity.

Market signals.

0.09299 is the recent high, occurring at 16:00 on July 22. After that, the highs stepped down one by one: 0.09299, 0.09227, 0.09186, 0.09138, 0.08778. Five steps. The lows also moved down in sync: 0.08975 to 0.08852 to 0.08778 to 0.08515. The 4H timeframe has been in a downtrend for two days, with a very steep slope. 0.08515 is the 24H low, just tested. If it breaks, the area around 0.083 would be the previous support.

Market sentiment.

Funding rate -0.00000009%. Nearly zero. Bulls and bears are not interested. ENA, as a DeFi star token, should normally have relatively steady long-short competition. But with the rate at zero, it indicates speculative funds are retreating. The market is waiting and watching, awaiting direction from BTC. Without catalysts, ENA can only look for support within the old range.

Whale movements.

The 239 million-lot expanded-volume bearish candle at 12:00 on July 24 smashed price from 0.08849 down to 0.08665. This is the largest single-candle trading volume recently. The main force actively hit the market to test the buy support below. After the dump, the price continued sliding to 0.08515. The whales are gradually pressing down the price, seeking a cheaper level to build positions. The 279 million-lot bullish candle at 16:00 on July 22 lifted price to 0.09299 โ€” the last wave of active pumping. After that, all candles have been running on reduced volume.

Volume-price structure.

Downswing with increased volume, rebound with decreased volume. The 239 million-lot sell volume compared to the rebound volume of 80 million to 120 million lots shows a huge disparity. During the decline from 0.09299, the earlier volume-expanding candles (279 million, 379 million, 239 million lots) were the first three for lifting, while the last one was the sell dump. The 379 million-lot bearish candle at 12:00 on July 23 was the turning point; from then on, ENA began its downward trend. If 0.08515 is broken through, there is no dense trading zone below near 0.083, making it easier for the sell-off to accelerate.

Candlestick details.

That long bearish candle at 12:00 on July 24 had a body of 184 basis points and almost no upper wick. Sell orders dominated from the open to the close. Then the rebound candle at 16:00 on July 24 rose to 0.08778, with a very small bodyโ€”only 83 million lots. The rebound on reduced volume lacked strength. The current 4H candle is around 0.08723 with trading volume of only 1.78 million lots. Trading is thin; the market is waiting for direction.

Niniโ€™s plan.

Slightly bearish.

Current price 0.08723. If it breaks below 0.08515, go short with target 0.08300 and stop-loss at 0.09000. If it breaks out above 0.09000 with volume and holds, abandon the short and observe. Do not open positions in the middle area.

#ENA #ENA #Ethena
ยท
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Bearish
Partly True
Meridian (formerly Ethereal) urges users to withdraw or transfer assets from the Ethereal dApp as soon as possible. Is the โ€œEthena ecosystem projectโ€ ultimately just a dream? Earlier, Meridian said it will shut down Ethereal and advised users to move their assets to the official newly built Meridian dApp in advance. In the future, Robinhood Chain will be the primary network used. This move seems to indirectly confirm the alleged report released before Terminal was shut down: โ€œEthena has already stopped preparing its own Converge-specific chain and the development of ecosystem projects.โ€ Back in 2024, Meridianโ€™s predecessor, Ethereal, was the so-called ecosystem project at Ethenaโ€™s launch. At the time, many users generally believed Ethereal was nearly identical to Ethenaโ€™s own native project. Now that even it has decided to officially migrate to the Robinhood mainnet, it also symbolizes the end of the Ethena ecosystem. - Ethereal โ†’ Meridian: key timeline points: โžค Meridian has opened prediction market trading โžค On 2026/7/28, Ethereal Perps will enter โ€œclose-only mode,โ€ meaning you canโ€™t open new positions โžค Next week, the MLP (Meridian Liquidity Provider) Vault will open for pre-staking, and you can earn rewards including: USDe, Ethena, Meridian โžค Next week will be the last time Ethereal Points are distributed; going forward, points data will be displayed on Meridian โžค In the coming weeks, Meridian Perps will officially launch on Robinhood Chain Put simply: the original functionality of Ethereal will be fully re-listed on Meridian. The difference is that assets will move from the Ethereal Chain to Robinhood Chain. - For now, you can already deposit USDe directly into Meridian. It will automatically bridge the USDe to Robinhood Chain, which suggests that with the closure of the Ethereal DEX, the Ethereal Chain will most likely be shut down sooner or later. Iโ€™ve already bridged the USDe stuck on the Ethereal Chain to BSC via Stargate (with the lowest fees). After that, you can seamlessly store it into Binance. Everyone is also advised to handle your assets on the Ethereal Chain as soon as possible! - โ— The above content does not constitute investment advice (NFA). Users should act according to their own risk tolerance. DYOR and participate in the market cautiously. โ— The attached images are sourced from Meridian #Meridian #robinhoodchain #USDe #Ethena $ENA {spot}(ENAUSDT)
Meridian (formerly Ethereal) urges users to withdraw or transfer assets from the Ethereal dApp as soon as possible. Is the โ€œEthena ecosystem projectโ€ ultimately just a dream?

Earlier, Meridian said it will shut down Ethereal and advised users to move their assets to the official newly built Meridian dApp in advance. In the future, Robinhood Chain will be the primary network used.

This move seems to indirectly confirm the alleged report released before Terminal was shut down: โ€œEthena has already stopped preparing its own Converge-specific chain and the development of ecosystem projects.โ€

Back in 2024, Meridianโ€™s predecessor, Ethereal, was the so-called ecosystem project at Ethenaโ€™s launch. At the time, many users generally believed Ethereal was nearly identical to Ethenaโ€™s own native project.

Now that even it has decided to officially migrate to the Robinhood mainnet, it also symbolizes the end of the Ethena ecosystem.

-

Ethereal โ†’ Meridian: key timeline points:

โžค Meridian has opened prediction market trading
โžค On 2026/7/28, Ethereal Perps will enter โ€œclose-only mode,โ€ meaning you canโ€™t open new positions
โžค Next week, the MLP (Meridian Liquidity Provider) Vault will open for pre-staking, and you can earn rewards including: USDe, Ethena, Meridian
โžค Next week will be the last time Ethereal Points are distributed; going forward, points data will be displayed on Meridian
โžค In the coming weeks, Meridian Perps will officially launch on Robinhood Chain

Put simply: the original functionality of Ethereal will be fully re-listed on Meridian. The difference is that assets will move from the Ethereal Chain to Robinhood Chain.

-

For now, you can already deposit USDe directly into Meridian. It will automatically bridge the USDe to Robinhood Chain, which suggests that with the closure of the Ethereal DEX, the Ethereal Chain will most likely be shut down sooner or later.

Iโ€™ve already bridged the USDe stuck on the Ethereal Chain to BSC via Stargate (with the lowest fees). After that, you can seamlessly store it into Binance.

Everyone is also advised to handle your assets on the Ethereal Chain as soon as possible!

-

โ— The above content does not constitute investment advice (NFA). Users should act according to their own risk tolerance. DYOR and participate in the market cautiously.

โ— The attached images are sourced from Meridian

#Meridian #robinhoodchain #USDe #Ethena $ENA
$ENA 0.0930 spiked to the top, then got dumped back to 0.0886 within 4 hours. 84.31 million tokens saw heavy volume on a bearish candle; the entire gain was eaten up. It was pushed up 3.58%, then gave back 5%. Bulls got harvested. ENA is the synthetic-dollar protocol, with USDe as the issued product. Algorithmic stablecoin + yield stakingโ€”this concept is hardcore. No matter how hard the concept is, price still comes down to who holds the chips. Market signals: On 07-22 at 16:00, it was pumped to 0.0930. The next day at 12:00, the candle with 84.31 million tokens in volume dropped, smashing it to 0.0886. Those two K-lines completed the pump and the distribution. Now around 0.0890 itโ€™s consolidating sideways, while volume has shrunk to 5.76 million. A low-volume range isnโ€™t โ€œbuilding momentumโ€โ€”itโ€™s because nobodyโ€™s playing. Market sentiment: Funding rate is 0.000049%โ€”positive, but extremely low. The bulls are holding on, mostly watching/standing by. Falling attention itself is a signal. Whale activity: The sell pressure at 0.0930 wasnโ€™t from retail dumping. The 84.31 million token heavy-volume bearish candle is the evidence. After that, volume went from 32.17 million down to 23.07 million, then to 5.76 million. Whales withdrew; retail is hard-holding. Volume-price structure: Weighted average price 0.09009; current price 0.0890 is 1.2% below it. The rebound highs at 0.0930, 0.0924, and 0.0929 step down graduallyโ€”descending channel. Support is at 0.0878; if it breaks, look for 0.0850. K-line details: In the last 5 K-lines, 4 have candle bodies smaller than 0.001. Volatility is extremely low. The last candle is almost a doji. Both bulls and bears are waiting, but price is below the average, and the bears have more patience. Niniโ€™s plan: Current price 0.0890000. If 0.0878 breaks, it accelerates downwardโ€”watch 0.0850. Only if thereโ€™s a breakout with increased volume above 0.0920 can it stabilize. Donโ€™t move in the middle. A slow bleed doesnโ€™t guess the bottomโ€”wait for a high-volume bullish confirmation. #ENA #Ethena
$ENA

0.0930 spiked to the top, then got dumped back to 0.0886 within 4 hours. 84.31 million tokens saw heavy volume on a bearish candle; the entire gain was eaten up. It was pushed up 3.58%, then gave back 5%. Bulls got harvested.

ENA is the synthetic-dollar protocol, with USDe as the issued product. Algorithmic stablecoin + yield stakingโ€”this concept is hardcore. No matter how hard the concept is, price still comes down to who holds the chips.

Market signals: On 07-22 at 16:00, it was pumped to 0.0930. The next day at 12:00, the candle with 84.31 million tokens in volume dropped, smashing it to 0.0886. Those two K-lines completed the pump and the distribution. Now around 0.0890 itโ€™s consolidating sideways, while volume has shrunk to 5.76 million. A low-volume range isnโ€™t โ€œbuilding momentumโ€โ€”itโ€™s because nobodyโ€™s playing.

Market sentiment: Funding rate is 0.000049%โ€”positive, but extremely low. The bulls are holding on, mostly watching/standing by. Falling attention itself is a signal.

Whale activity: The sell pressure at 0.0930 wasnโ€™t from retail dumping. The 84.31 million token heavy-volume bearish candle is the evidence. After that, volume went from 32.17 million down to 23.07 million, then to 5.76 million. Whales withdrew; retail is hard-holding.

Volume-price structure: Weighted average price 0.09009; current price 0.0890 is 1.2% below it. The rebound highs at 0.0930, 0.0924, and 0.0929 step down graduallyโ€”descending channel. Support is at 0.0878; if it breaks, look for 0.0850.

K-line details: In the last 5 K-lines, 4 have candle bodies smaller than 0.001. Volatility is extremely low. The last candle is almost a doji. Both bulls and bears are waiting, but price is below the average, and the bears have more patience.

Niniโ€™s plan: Current price 0.0890000. If 0.0878 breaks, it accelerates downwardโ€”watch 0.0850. Only if thereโ€™s a breakout with increased volume above 0.0920 can it stabilize. Donโ€™t move in the middle. A slow bleed doesnโ€™t guess the bottomโ€”wait for a high-volume bullish confirmation.

#ENA #Ethena
ยท
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$ENA new local high, RSI screaming caution ๐Ÿ”ฅ Fresh breakout to 0.0928, up from 0.0702 lows in a hurry. Trend is clean, EMAs stacked bullish, but RSI at 79 means this candle is running hot without a breather. trade plan: ๐ŸŽฏ entry: 0.0840-0.0860 (EMA20 retest) ๐ŸŽฏ TP1: 0.0928 (current high) ๐ŸŽฏ TP2: 0.1000 ๐Ÿ›‘ SL: 0.0790 Chasing here means buying the top of an overbought spike, the retest gives you the trend without the risk. #ENA #Ethena #DeFi DYOR/NFA
$ENA new local high, RSI screaming caution ๐Ÿ”ฅ

Fresh breakout to 0.0928, up from 0.0702 lows in a hurry.

Trend is clean, EMAs stacked bullish, but RSI at 79 means this candle is running hot without a breather.

trade plan:

๐ŸŽฏ entry: 0.0840-0.0860 (EMA20 retest)

๐ŸŽฏ TP1: 0.0928 (current high)
๐ŸŽฏ TP2: 0.1000

๐Ÿ›‘ SL: 0.0790

Chasing here means buying the top of an overbought spike, the retest gives you the trend without the risk.

#ENA #Ethena #DeFi

DYOR/NFA
FULL DUMP LIVE ON AIR! ๐Ÿšจ Wallet 0xfDD has just slammed 36.838 MILLION $ENA $3.31M straight onto Coinbase! And right after yesterday when it emptied 26.41M $ENA from the Ethena custodial wallet. No doubts โ€” this is the purest dump onto the market! For ENA, thereโ€™s not a single strong support left on the chart, and the downtrend is simply merciless. The bears have completely squeezed the price and are preparing to liquidate everyone! {future}(ENAUSDT) #ENA #Ethena #WhaleAlert #CryptoCrash
FULL DUMP LIVE ON AIR! ๐Ÿšจ

Wallet 0xfDD has just slammed 36.838 MILLION $ENA $3.31M straight onto Coinbase!

And right after yesterday when it emptied 26.41M $ENA from the Ethena custodial wallet.

No doubts โ€” this is the purest dump onto the market!

For ENA, thereโ€™s not a single strong support left on the chart, and the downtrend is simply merciless.

The bears have completely squeezed the price and are preparing to liquidate everyone!

#ENA #Ethena #WhaleAlert #CryptoCrash
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#ENA #Airdrop #ethena AirDrop Ethena Season 6: At the moment, I have 81m points. Approximate 6-month farming forecast is 2778 ENA (taking into account 2%). The price of ENA is gradually rising, but itโ€™s still a long way from the previous values.
#ENA #Airdrop #ethena
AirDrop Ethena Season 6:
At the moment, I have 81m points.
Approximate 6-month farming forecast is 2778 ENA (taking into account 2%).

The price of ENA is gradually rising, but itโ€™s still a long way from the previous values.
ยท
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๐ŸŒ Stable Assets Are Becoming Smarter The future of digital finance isn't just about volatility. It's also about stability. Protocols like Ethena are exploring new approaches to on-chain synthetic dollars and capital-efficient finance, helping expand the utility of decentralized ecosystems. Innovation in stable assets could become one of the strongest drivers of Web3 adoption over the next few years. $ENA $ETH #Ethena #ENA #DeFi #Stablecoins #Web3
๐ŸŒ Stable Assets Are Becoming Smarter
The future of digital finance isn't just about volatility.
It's also about stability.
Protocols like Ethena are exploring new approaches to on-chain synthetic dollars and capital-efficient finance, helping expand the utility of decentralized ecosystems.
Innovation in stable assets could become one of the strongest drivers of Web3 adoption over the next few years.
$ENA $ETH

#Ethena #ENA #DeFi #Stablecoins #Web3
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I almost scrolled past $ENA this afternoon. Sitting near $0.287, up about 9% โ€” solid, but not the kind of move that fills the feed with victory laps. That quieter tape is what made me stop. I've been watching Ethena as one of those names people treat like "already figured out" whenever the market turns green, so a clean bid without the circus feels more honest somehow. I don't think 9% proves a new chapter. It just looks like money still remembers where Ethena sits when risk appetite ticks up a bit. What I'm watching next is whether that bid is still there tomorrow once today's session noise dies down โ€” not tonight's hot takes. #ENA #Ethena #Gainers
I almost scrolled past $ENA this afternoon. Sitting near $0.287, up about 9% โ€” solid, but not the kind of move that fills the feed with victory laps. That quieter tape is what made me stop.

I've been watching Ethena as one of those names people treat like "already figured out" whenever the market turns green, so a clean bid without the circus feels more honest somehow.

I don't think 9% proves a new chapter. It just looks like money still remembers where Ethena sits when risk appetite ticks up a bit. What I'm watching next is whether that bid is still there tomorrow once today's session noise dies down โ€” not tonight's hot takes.

#ENA #Ethena #Gainers
$ENA The last time I wrote it was 0.082, and I said it would lean bearish. Now itโ€™s 0.0864. Itโ€™s up 5.4%. And I got slapped in the face again. Admit my mistake and follow the trend. **I. Candlestick Replay** The last 6 consecutive 4h candles are broken down one by one: First candle: 0.08315โ†’0.08200โ†’0.08373โ†’0.08243, volume 124 million coins. After a spike and pullback, it stabilized, with a range of 1,730 points. Second candle: 0.08242โ†’0.08184โ†’0.08335โ†’0.08284, volume 71.53 million coins. Trading volume shrank, consolidating. Third candle: 0.08284โ†’0.08261โ†’0.08436โ†’0.08428, volume 106 million coins. Volume surged and broke above 0.084, with a range of 1,750 points. Fourth candle: 0.08427โ†’0.08412โ†’0.08597โ†’0.08579, volume 157 million coins. Volume pushed higher and made a new high at 0.08597. Fifth candle: 0.08578โ†’0.08475โ†’0.08755โ†’0.08726, volume 233 million coins. A massive volume breakout above 0.087! Range: 2,800 points. Sixth candle: 0.08726โ†’0.08532โ†’0.08761โ†’0.08596, volume 217 million coins. After hitting 0.08761, it pulled back; volume stayed supported. Seventh candle: 0.08596โ†’0.08517โ†’0.08658โ†’0.08621, volume 90.82 million coins. Lower volume consolidation. Eighth candle: 0.08622โ†’0.08608โ†’0.08662โ†’0.08643, volume 15.02 million coins. Extremely low volume; volatility tightened. From the 0.07830 low to the 0.08761 high: 10 consecutive 4h candles took 40 hours, with a gain of 11.9%. The lows rose from 0.07830โ†’0.08056โ†’0.08261โ†’0.08412โ†’0.08475โ†’0.08517โ†’0.08608 step by step; the HH-HL structure is extremely bullish. **II. Technical Indicators** 4h timeframe: EMA9 (0.08495) is above EMA21 (0.08332). Bullish alignment, spacing of 0.00163. RSI14 is 67.98โ€”strong, but not overbought. ADX is 46.3; +DI 25.4 vs -DI 9.3. The trend is extremely strong, with bulls absolutely in control. **III. Capital Flows** In the last 24h, trading value is $75.02 million and trading volume is 877 million ENA. Funding rate is 0.005%โ€”low. The price is up 7%, but the funding rate is below 0.005%, suggesting itโ€™s driven by spot. **IV. Sentiment** Fear & Greed index is 50โ€”neutral. ENA was lifted from the bottom, but community discussion isnโ€™t very hot. The low funding rate confirms that longs werenโ€™t squeezed. The API long/short ratio is abnormal and canโ€™t be retrieved; based on the funding rate, spot appears to dominate. On X, thereโ€™s little discussion of ENA; the focus is mainly on the Ethena protocol and USDe stablecoin narrative. No KOLs are calling trades. **V. News/Events** As a stablecoin protocol, Ethenaโ€™s TVL has been growing steadily. No sudden newsโ€”price action is driven by technicals. Whale side: The 0.07830โ€“0.080 range was pulled up quickly, indicating capital accumulating at the bottom. After making a new high at 0.08761, it consolidated on lower volumeโ€”chips are being locked in. **Support & Resistance** - Support 1: 0.08608 (recent 4h low) - Support 2: 0.08495 (4h EMA9) - Support 3: 0.08332 (4h EMA21) - Resistance 1: 0.08761 (prior high) - Resistance 2: 0.09000 (psychological level) **Niniโ€™s Plan** Current price: 0.0864. Bias: bullish (long). Reason: ADX 46.3 shows bulls absolutely in control, lows keep rising, and there was a volume-backed breakout. Last time I was slapped; this time Iโ€™ll follow the trend. Go long: enter on a pullback in the 0.0845โ€“0.0850 area (near the 4h EMA9). Stop loss: 0.0830 (breaks below EMA21). Targets: 0.0876 and 0.0900. Risk/reward is about 1:1.8. If it breaks above 0.0876, you can chase 0.0878โ€“0.0885, stop loss 0.0865, targets 0.0900 and 0.0920. Risk/reward about 1:1.5. If above 0.0876 it forms a high-volume long upper wick, it may pull back toward 0.0840. Only as risk-control reference. **My Take** Iโ€™m bullish. ADX 46.3 indicates an extremely strong trend, lows are rising consecutively, and there was a volume-backed breakout. After getting slapped last time, I learned my lesson and am following the trend. Now that itโ€™s in the 0.0876โ€“0.0900 range, weโ€™ll see whether volume can keep up. A trend is your friendโ€”donโ€™t guess the top. #ENA #Ethena #็จณๅฎšๅธๅ่ฎฎ #spot long
$ENA The last time I wrote it was 0.082, and I said it would lean bearish. Now itโ€™s 0.0864. Itโ€™s up 5.4%. And I got slapped in the face again. Admit my mistake and follow the trend.

**I. Candlestick Replay**

The last 6 consecutive 4h candles are broken down one by one:

First candle: 0.08315โ†’0.08200โ†’0.08373โ†’0.08243, volume 124 million coins. After a spike and pullback, it stabilized, with a range of 1,730 points.

Second candle: 0.08242โ†’0.08184โ†’0.08335โ†’0.08284, volume 71.53 million coins. Trading volume shrank, consolidating.

Third candle: 0.08284โ†’0.08261โ†’0.08436โ†’0.08428, volume 106 million coins. Volume surged and broke above 0.084, with a range of 1,750 points.

Fourth candle: 0.08427โ†’0.08412โ†’0.08597โ†’0.08579, volume 157 million coins. Volume pushed higher and made a new high at 0.08597.

Fifth candle: 0.08578โ†’0.08475โ†’0.08755โ†’0.08726, volume 233 million coins. A massive volume breakout above 0.087! Range: 2,800 points.

Sixth candle: 0.08726โ†’0.08532โ†’0.08761โ†’0.08596, volume 217 million coins. After hitting 0.08761, it pulled back; volume stayed supported.

Seventh candle: 0.08596โ†’0.08517โ†’0.08658โ†’0.08621, volume 90.82 million coins. Lower volume consolidation.

Eighth candle: 0.08622โ†’0.08608โ†’0.08662โ†’0.08643, volume 15.02 million coins. Extremely low volume; volatility tightened.

From the 0.07830 low to the 0.08761 high: 10 consecutive 4h candles took 40 hours, with a gain of 11.9%. The lows rose from 0.07830โ†’0.08056โ†’0.08261โ†’0.08412โ†’0.08475โ†’0.08517โ†’0.08608 step by step; the HH-HL structure is extremely bullish.

**II. Technical Indicators**

4h timeframe: EMA9 (0.08495) is above EMA21 (0.08332). Bullish alignment, spacing of 0.00163. RSI14 is 67.98โ€”strong, but not overbought. ADX is 46.3; +DI 25.4 vs -DI 9.3. The trend is extremely strong, with bulls absolutely in control.

**III. Capital Flows**

In the last 24h, trading value is $75.02 million and trading volume is 877 million ENA. Funding rate is 0.005%โ€”low. The price is up 7%, but the funding rate is below 0.005%, suggesting itโ€™s driven by spot.

**IV. Sentiment**

Fear & Greed index is 50โ€”neutral. ENA was lifted from the bottom, but community discussion isnโ€™t very hot. The low funding rate confirms that longs werenโ€™t squeezed. The API long/short ratio is abnormal and canโ€™t be retrieved; based on the funding rate, spot appears to dominate.

On X, thereโ€™s little discussion of ENA; the focus is mainly on the Ethena protocol and USDe stablecoin narrative. No KOLs are calling trades.

**V. News/Events**

As a stablecoin protocol, Ethenaโ€™s TVL has been growing steadily. No sudden newsโ€”price action is driven by technicals.

Whale side: The 0.07830โ€“0.080 range was pulled up quickly, indicating capital accumulating at the bottom. After making a new high at 0.08761, it consolidated on lower volumeโ€”chips are being locked in.

**Support & Resistance**
- Support 1: 0.08608 (recent 4h low)
- Support 2: 0.08495 (4h EMA9)
- Support 3: 0.08332 (4h EMA21)
- Resistance 1: 0.08761 (prior high)
- Resistance 2: 0.09000 (psychological level)

**Niniโ€™s Plan**

Current price: 0.0864.

Bias: bullish (long).

Reason: ADX 46.3 shows bulls absolutely in control, lows keep rising, and there was a volume-backed breakout. Last time I was slapped; this time Iโ€™ll follow the trend.

Go long: enter on a pullback in the 0.0845โ€“0.0850 area (near the 4h EMA9). Stop loss: 0.0830 (breaks below EMA21). Targets: 0.0876 and 0.0900. Risk/reward is about 1:1.8.

If it breaks above 0.0876, you can chase 0.0878โ€“0.0885, stop loss 0.0865, targets 0.0900 and 0.0920. Risk/reward about 1:1.5.

If above 0.0876 it forms a high-volume long upper wick, it may pull back toward 0.0840. Only as risk-control reference.

**My Take**

Iโ€™m bullish. ADX 46.3 indicates an extremely strong trend, lows are rising consecutively, and there was a volume-backed breakout. After getting slapped last time, I learned my lesson and am following the trend. Now that itโ€™s in the 0.0876โ€“0.0900 range, weโ€™ll see whether volume can keep up.

A trend is your friendโ€”donโ€™t guess the top.

#ENA #Ethena #็จณๅฎšๅธๅ่ฎฎ #spot long
ยท
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๐Ÿšจ $ENA bears are taking controlโ€”don't get caught holding the bag! ๐Ÿ“‰ ๐Ÿ”ด Setup: SHORT ๐ŸŽฏ Entry: $0.0795 - $0.0805 โŒ Stop Loss: $0.0825 ๐Ÿ’ธ TP 1: $0.0784 ๐Ÿ’ฐ TP 2: $0.0747 ๐Ÿ”ฅ TP 3: $0.0725 Price is printing consecutive lower highs on the 6H chart, signaling a high-probability breakdown toward lower liquidity zones. ๐Ÿ“Š $BANK $TLM Trade Here ๐Ÿ‘‡ {future}(ENAUSDT) #ENA #ethena
๐Ÿšจ $ENA bears are taking controlโ€”don't get caught holding the bag! ๐Ÿ“‰

๐Ÿ”ด Setup: SHORT
๐ŸŽฏ Entry: $0.0795 - $0.0805

โŒ Stop Loss: $0.0825
๐Ÿ’ธ TP 1: $0.0784
๐Ÿ’ฐ TP 2: $0.0747
๐Ÿ”ฅ TP 3: $0.0725

Price is printing consecutive lower highs on the 6H chart, signaling a high-probability breakdown toward lower liquidity zones. ๐Ÿ“Š
$BANK $TLM

Trade Here ๐Ÿ‘‡
#ENA #ethena
ยท
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Bullish
๐ŸŸข $ENA showing balanced auction inside the value area, with buyers defending key support. Watch for acceptance above value before targeting higher levels. {future}(ENAUSDT) ๐Ÿ”ผ Long Setup ๐Ÿ“ Entry: $0.0811 ๐Ÿ›‘ Stop Loss: $0.08071 (-0.5%) ๐ŸŽฏ TP1: $0.08238 (+1.6%) ๐ŸŽฏ TP2: $0.08307 (+2.4%) โš ๏ธ Not financial advice. Always wait for confirmation and manage your risk. #Ethena #Orderflow #ENA #cryptotrading
๐ŸŸข $ENA showing balanced auction inside the value area, with buyers defending key support. Watch for acceptance above value before targeting higher levels.
๐Ÿ”ผ Long Setup
๐Ÿ“ Entry: $0.0811
๐Ÿ›‘ Stop Loss: $0.08071 (-0.5%)
๐ŸŽฏ TP1: $0.08238 (+1.6%)
๐ŸŽฏ TP2: $0.08307 (+2.4%)

โš ๏ธ Not financial advice. Always wait for confirmation and manage your risk.

#Ethena #Orderflow #ENA #cryptotrading
ยท
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Keeping an eye on $ENA ๐Ÿ‘€ ENA is trading around the $0.08 range right now. The price is still far from its previous highs, which makes it an interesting coin to watch. If the market stays bullish, ENA could have a nice recovery ahead. Patience is key. Not financial advice! #ENA #Ethena #BinanceSquare
Keeping an eye on $ENA ๐Ÿ‘€
ENA is trading around the $0.08 range right now. The price is still far from its previous highs, which makes it an interesting coin to watch. If the market stays bullish, ENA could have a nice recovery ahead.
Patience is key. Not financial advice!
#ENA #Ethena #BinanceSquare
๐Ÿšจ Earned more than four hundred million tooโ€”why did the difference end up being a full nineteen times โ‰๏ธ Many people always thought that the higher the fee, the more โ€œpowerfulโ€ the project would be. But reality directly slaps that idea down ๐Ÿคฏ In the past year, #sky collected about 410 million, and #ethena collected about 360 million They look pretty similar, right? ๐Ÿ‘€ But what actually stays in your own pocket is Skyโ€”about 240 million ๐Ÿ˜Ž Ethena only has a little over 10 million. Thatโ€™s a full nineteen-fold difference ๐Ÿคฏ Everyone knows why this happens: because so much of the money earned gets distributed Some people profit, some receive dividends, and in the end, the protocol keeps only a small amount ๐Ÿ˜ต In the last month alone, Ethenaโ€™s funds shrank by 16% Sky, on the other hand, even went up slightly So whatโ€™s truly impressive isnโ€™t how much you can make Itโ€™s how much you can still keep in the end ๐Ÿ˜ A lot of people only look at the hype. Pros have already been tracking exactly where the money flows ๐Ÿง For the next wave, who might keep pushing? Iโ€™ve already started watching Want to know what other opportunities are coming next? ๐Ÿš€ Click my profile and follow me ๐Ÿ˜Ž Letโ€™s dig up truly valuable opportunities together ๐Ÿ”ฅ
๐Ÿšจ Earned more than four hundred million tooโ€”why did the difference end up being a full nineteen times โ‰๏ธ

Many people always thought that the higher the fee, the more โ€œpowerfulโ€ the project would be. But reality directly slaps that idea down ๐Ÿคฏ
In the past year, #sky collected about 410 million, and #ethena collected about 360 million
They look pretty similar, right? ๐Ÿ‘€

But what actually stays in your own pocket is Skyโ€”about 240 million ๐Ÿ˜Ž
Ethena only has a little over 10 million. Thatโ€™s a full nineteen-fold difference ๐Ÿคฏ

Everyone knows why this happens: because so much of the money earned gets distributed
Some people profit, some receive dividends, and in the end, the protocol keeps only a small amount ๐Ÿ˜ต

In the last month alone, Ethenaโ€™s funds shrank by 16%
Sky, on the other hand, even went up slightly
So whatโ€™s truly impressive isnโ€™t how much you can make
Itโ€™s how much you can still keep in the end ๐Ÿ˜

A lot of people only look at the hype. Pros have already been tracking exactly where the money flows ๐Ÿง
For the next wave, who might keep pushing? Iโ€™ve already started watching
Want to know what other opportunities are coming next? ๐Ÿš€
Click my profile and follow me ๐Ÿ˜Ž Letโ€™s dig up truly valuable opportunities together ๐Ÿ”ฅ
ยท
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Bullish
โ€‹$ENA Accumulating Quietly Before the Next Big Wave? ๐ŸŒŠ๐Ÿ“ˆ | Technical Analysis โ€‹Backed by the major news of launching on Monad with USDe support, $ENA is showing some highly promising signs on the hourly chart! Is the launchpad ready? Letโ€™s look at the structure! ๐Ÿ‘‡ {future}(ENAUSDT) Basing at Support: $ENA has been basing quietly at the $0.0816 - $0.0820 support level, flatly refusing to break lower as strong accumulation builds beneath the surface. The News Catalyst: The Monad expansion is bringing fresh eyes and solid fundamentals to #ethena , driving a strong bounce back toward $0.0854. Key Breakout Target: If buyers can push and hold a candle above the immediate $0.0863 local resistance, the bearish structure completely invalidates. The Projection: If history repeats and momentum sustains, a powerful breakout toward the $0.0950 - $0.1100 zone could be the next major leg up for ENA ๐Ÿš€
โ€‹$ENA Accumulating Quietly Before the Next Big Wave? ๐ŸŒŠ๐Ÿ“ˆ | Technical Analysis
โ€‹Backed by the major news of launching on Monad with USDe support, $ENA is showing some highly promising signs on the hourly chart! Is the launchpad ready? Letโ€™s look at the structure! ๐Ÿ‘‡
Basing at Support: $ENA has been basing quietly at the $0.0816 - $0.0820 support level, flatly refusing to break lower as strong accumulation builds beneath the surface.
The News Catalyst: The Monad expansion is bringing fresh eyes and solid fundamentals to #ethena , driving a strong bounce back toward $0.0854.
Key Breakout Target: If buyers can push and hold a candle above the immediate $0.0863 local resistance, the bearish structure completely invalidates.
The Projection: If history repeats and momentum sustains, a powerful breakout toward the $0.0950 - $0.1100 zone could be the next major leg up for ENA ๐Ÿš€
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