Ethena (ENA) rallied 14.6% recently, boosted by a crypto market upswing following President Trump's ceasefire announcement. The protocol plans to diversify its USDe reserve into non-crypto assets to improve yield and market performance after a crypto crash hurt its position. Despite the rally, ENA faces strong resistance around $0.095-$0.10, with bearish technical indicators suggesting the upward momentum may stall. Traders are advised to consider taking profits as the overall trend remains bearish unless ENA breaks above key resistance levels.
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...
