Ethena (ENA) recently fell below its key April support level of $0.0765, confirming a bearish continuation in its price trend. After a brief bounce to $0.14 in early May, the price declined again amid falling trading volumes and open interest, indicating reduced speculative interest. Technical indicators and price structure suggest the short-term trend remains bearish, with a potential minor bounce to $0.082 but no reversal expected unless resistance at $0.086 is broken. The team is exploring expansion into RWA tokenization, which could diversify Ethena's market exposure.
Ethena (ENA) holders are increasingly profitable, with daily transaction volumes in profit surpassing those in loss, indicating many holders are above their cost basis. Whale and retail trader activity has risen alongside ENA trading above its 20-day...
Bitcoin stabilized around $62,600 after a recent drop from $64,400 to $61,800, with significant liquidations mostly affecting long positions. South Korea's KOSPI index has fallen 10% since Friday, causing a massive 1,426% surge in crypto trading volu...
Ethena (ENA) has gained 14.11% since early July, reclaiming short-term resistance at $0.08, helped by strong user deposits via Robinhood Earn. However, the token remains down 94% from its all-time high and faces a bearish long-term trend with key res...
