ENA surged 11.35% to $0.09702, rebounding from recent lows and approaching the key $0.10 resistance level, which has historically been a strong supply zone. The price recovery is supported by reduced selling pressure as tokens flow out of exchanges, limiting available supply. Additionally, positive shifts in derivatives markets, including a positive funding rate, indicate growing bullish sentiment, though the trend has not yet fully reversed. The outlook depends on whether ENA can sustain demand and break above $0.10 for a confirmed uptrend.
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...
