ethena

🔥 ENA Has a Buyback Plan — But There’s a Catch!

Ethena wants to use its earnings to buy back ENA tokens.

Here's the simple breakdown:

• ENA holders approved the buyback plan.

• Ethena plans to use part of its earnings to purchase ENA.

• The buyback starts only when USDe supply reaches $7.5 billion.

• Higher USDe supply could mean more buybacks.

The big question: Can USDe grow enough to activate the plan?

$ENA
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Not financial advice. DYOR.

🔥 ENA’s Buyback Plan Has Passed Governance!

Ethena has cleared an important milestone for ENA holders.

• The ENA fee-switch proposal passed its tokenholder vote.

• The framework links protocol revenue to ENA buybacks.

• Buyback rates are designed to rise as USDe supply reaches higher milestones.

The catch: Buybacks are conditional on USDe supply thresholds and implementation. Approval does not mean purchases are already underway.

The next metric to watch: USDe supply growth.

$ENA
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#Ethena #defi

Not financial advice. DYOR.

🚨 $ENA LONG LIQUIDATIONS CONTINUE — $80K WIPED OUT!

Ethena bulls are struggling to regain control! Another $80,000 in leveraged long positions has been liquidated at $0.147, adding fresh pressure to an already fragile market structure.

The repeated liquidation activity raises an important question: are buyers preparing a recovery, or could ENA face another downward push?

📊 LIQUIDATION REPORT

- Asset: Ethena (ENA)
- Liquidated Side: Long
- Total Value: $80,000
- Liquidation Price: $0.147

🎯 IMPORTANT PRICE ZONES

- Immediate Resistance: $0.155
- Major Resistance: $0.160–$0.165
- First Support: $0.145
- Critical Support: $0.141
- Lower Target: $0.135

📉 MY NEXT MOVE OUTLOOK

Short-term bias: BEARISH

🔻 Seller Control: If ENA fails to hold $0.145, further weakness toward $0.141 could follow. A decisive breakdown may expose $0.135.

🟢 Bullish Reversal: Reclaiming $0.155 with strong buying volume could shift momentum toward $0.160–$0.165.

💡 PRO SIGNAL PROVIDER'S TAKE

I favor patience here. A confirmed rejection near $0.155 could provide a bearish trading opportunity, while a sustained recovery above that level would challenge the downside outlook.

🔥 KEY LEVEL: $0.145

Watch this support carefully. ENA needs buyers to step in before sellers gain another advantage.

#ENA
#Ethena
#CryptoTrading
#BitcoinFiveWeeklyLosses #AIChipSlumpNasdaq

ETHENA ($ENA ) MARKET ANALYSIS
Current Price: $0.1535
24H Change: -0.52%
24H High / Low: $0.1576 / $0.1441
Market Structure: $ENA experienced a sharp sell-off toward $0.1441, followed by a strong recovery toward $0.1576. However, sellers rejected that move and price pulled back to $0.1535. Short-term momentum is recovering, but resistance remains active.
Key Support: $0.1525–$0.1500
Major Support: $0.1460–$0.1440
Key Resistance: $0.1550–$0.1576
Major Resistance: $0.1590
Bullish Scenario: A confirmed breakout above $0.1576 could open the way toward $0.1590 and higher levels.
Bearish Scenario: Losing $0.1500 may bring another test of $0.1460–$0.1440.
Market Bias: Neutral to slightly bearish below $0.1576. Buyers need a strong breakout with volume to confirm further upside.
Trade Smart: Wait for confirmation. Manage risk and avoid chasing sudden moves.
#ENA #Ethena #CryptoAnalysis #BİNANCESQUARE

🚨 $ENA LONGS GET CAUGHT IN THE DOWNTREND — $149K WIPED OUT!

A fresh liquidation shock has hit Ethena! $149,000 in leveraged long positions disappeared at $0.147, adding another warning sign for buyers trying to defend the market.

📊 Liquidation Breakdown

- Coin: Ethena (ENA)
- Liquidated Positions: L$ong
- Total Liquidation: $149,000
- Liquidation Price: $0.147

🎯 Important Price Levels

- Immediate Resistance: $0.155
- Major Resistance: $0.157–$0.161
- First Support: $0.145
- Critical Support: $0.141
- Further Downside: $0.132

⚔️ WHAT'S NEXT FOR ENA?

My short-term outlook favors sellers until ENA establishes a convincing recovery.

🔻 Bearish Scenario: A confirmed breakdown below $0.145 could expose $0.141. If that level fails, $0.132 becomes the next important downside zone.

🟢 Bullish Recovery: If buyers reclaim $0.155 and break through $0.157, a recovery toward $0.161 could develop.

💡 PRO TRADER'S VERDICT

SHORT-TERM BIAS: BEARISH 📉

I would wait for a rejection near resistance or a confirmed support breakdown before considering a short entry. Avoid chasing the move after liquidation.

The $0.145 region is the immediate battleground. If buyers cannot defend it, ENA could face another difficult session!

#ENA
#Ethena
#CryptoTrading
#AIChipSlumpNasdaq #BitcoinFiveWeeklyLosses

🚨 ENA'S $7.5B BUYBACK TRIGGER IS STILL THE BIG STORY!

Ethena's tokenomics have a major milestone ahead.

🔥 What's happening?

- ENA's fee-switch proposal has passed governance.

- 95% of the foundation's net revenue is allocated to potential ENA buybacks.

- The first activation threshold is $7.5 billion in USDe supply.

- Recent reporting puts USDe around $4.8 billion, still below the target.

Why it matters: Reaching the threshold could connect protocol revenue directly to ENA buyback demand.

Watch next: USDe growth and official buyback activation.

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#Ethena #Crypto

Not financial advice. DYOR.

$ENA is giving back its rally — down 6% near $0.147 while $BTC slips 1.8% near $74.3K. No protocol news, just high-beta DeFi fading faster in a risk-off tape. Hold $0.14 and buyers get a second look; lose it and $0.13 is next. Buying the dip or waiting? #Ethena #DeFi #BinanceSquare

🎯 Stablecoins are quietly changing homes

📰 Ethena’s USDe TVL rose 8.8% in a week, nearing $5 billion. Over the same period, BTC fell 1.9% and ETH dropped 5.2%, while staking pools like Lido shrank 5% in a week. Money is clearly choosing places that earn more yield.

💬 The market hasn’t gone dormant; money has just shifted its approach. With prices moving sideways, earning yield has become a must. These investors aren’t bearish—they just don’t want to sit around waiting.

🏷️ #Ethena #USDe #稳定币收益 #DeFi capital flows

ENA is down 16% in a week — while the stablecoin it powers keeps growing. I'm watching the gap between the two.

Camp one says the selling is done. The $0.156 low held twice — Nov 5 and Nov 7 — and the Nov 5 unlock, 171.85 million tokens, about $29M, was absorbed. USDe keeps expanding: X Layer, OKX Wallet, past $100M on Monad.

Camp two says the bid underneath is switched off. ENA buybacks only start once USDe supply passes $7.5 billion — it's near $4.9 billion. Every bounce has been sold: Nov 6 topped at $0.1718, Nov 7 volume faded to $10.4M, and ENA sits under its 10-day at $0.1726 and 20-day at $0.1868.

I'm with the level, not a camp: the $0.153–$0.156 zone is being tested for the third time. Support sits in that zone, resistance at $0.165–$0.172. A daily close under $0.153 kills the bull camp — then the unlock was the start, not the end.

Who's still holding ENA into this retest — and what would make you let it go?

NFA, DYOR.

$ENA #Ethena #USDe #Stablecoins #DeFi #CryptoTrading

When $ENA slides 6.27% on heavy volume, the first thing I check is the order book, not the chart. Thin bids below and sellers leaning in usually means the move has room to breathe before buyers step back in with conviction. Red days like this separate traders chasing candles from builders watching liquidity. Structure tells the story price alone cannot. #Crypto #DeFi #Ethena #BinanceSquare

Not financial advice.

$ENA
Down nearly 20% in a week, and down another 6% today
Hackers dumping and unlock tokens hitting the market—selling pressure keeps coming in waves
Over $160 million in trading volume, and the shorts are still here
Would you dare to buy the dip now, or only wait until it bottoms out?
#Ethena #Unlock

$ENA
The daily TD Sequential signal appeared on ENA—the same signal that preceded a 22% rise on October 20. But the signal alone isn’t enough, because the price is still below the moving averages and selling pressure continues.

The price is now 0.1543. Support is at 0.1505–0.1519, with resistance at 0.1552 and then 0.1585. I don’t see a positive shift until 0.1552 is reclaimed.

What makes me more cautious than the technical signal is the $17 million worth of tokens unlocking on November 5, adding supply while the price remains weak.

I expect the signal to prompt a limited bounce toward 0.1552, but its continuation depends on breaking above that level. If the price fails to break through, a return to test 0.1505 remains the likelier outcome. I’ll change my view if it closes above 0.1585.

This is analysis, not financial advice.

If you found this post useful, we’d appreciate your support with a like 👍

#ENA #Ethena #BinanceSquare

🚨 ENA Faces a Critical Tokenomics Test!

Ethena's latest developments bring both opportunity and uncertainty.

🔥 What's confirmed?

- Ethena's fee-switch framework links protocol revenue to potential ENA buybacks.

- USDe growth remains a key condition for activating the mechanism.

- Ethena Pay is expanding USDe into everyday payment use cases through Avalanche.

Why it matters: Real protocol revenue and payment adoption could strengthen Ethena's ecosystem.

Watch next: Official buyback activation and USDe supply growth.

$ENA
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#Ethena #crypto

Not financial advice. DYOR.

Three headlines, one direction — $ENA just slipped under $0.16 while the rest of the market barely moved. The weight looks like supply: roughly 94M tokens unlocked Nov 1-3, with more vesting tranches queued for private investors and the team. Then the Kelp DAO exploit forced Ethena to pause its LayerZero bridges, and fresh scrutiny of leveraged USDe products piled on. $ENA now sits near $0.157, down about 5% in 24 hours on roughly $150M in volume, hugging its daily low and down around 17% this week. $BTC is flat near $75,723 by comparison, so this is not the market dragging it down. If buyers reclaim $0.16, the slide probably pauses; lose $0.15 and the unlock overhang likely keeps dragging it lower. Is the unlock the real story here, or the bridge pause?

#Ethena #CryptoMarket #Write2Earn

ENA is the worst performer across the board today: currently at $0.154, down 6.2% in one day, 17.4% in 7 days, and about 27% in 30 days, with its market cap now down to around $2.1 billion. The $10,000 U you bought at yesterday’s close is now worth only about $9,780. The more it falls, the more people buy in—and the more they buy, the further it falls.

The most ironic thing is that the protocol itself is doing fine: USDe supply increased by $337 million over the past 24 hours, surpassing Ripple to rank first across the board. The price isn’t falling because nobody’s using it; it’s falling because someone is dumping: after the Binance hack on October 29, the hackers dumped 217.5 million ENA (about $33.93 million), and on November 5, another 0.88% of the circulating supply was unlocked (about $17.86 million).

The RSI is now at 35.9, nearing oversold territory; ENA is down 78.6% from last September’s high of $0.72. This coin is either a golden opportunity or a falling knife—is it worth catching?

$ENA #Ethena #stablecoin

A weekend close is not a vote. It is a headcount.

$ENA is down 4.8% on 9.8 million dollars, and 55.7% of it was sellers crossing the spread, roughly 1.1 million of net aggressive selling. One seller is still working.

Three free checks before you trust a close.

One: complete-hour dollars against the day's hourly average. $BTC 's last full hour did 6.6 million against a 21.8 million average, 30% of its pace. $SOL held 86%. The empty part of this tape is Bitcoin, not altcoins.

Two: taker buy share, aggressive dollars over total. Below 50% means sellers pay the spread. ENA is 44.3% for the day, BTC 53.1%. Same tape, opposite side.

Three: dollars over trade count. ENA averages 218 per print, BTC 662. A small print moves a thin book and reverses just as fast.

I am waiting. If Monday's first hour beats 21.8 million on BTC and holds this range, I flip: then the close was a vote.

Not financial advice.

Headcount or verdict: does Monday's first hour confirm this close, or erase it? #BinanceSquare #Ethena #TradFiForBeginners

BlackRock just plugged USDe into Aladdin, and ENA immediately got dumped 6% by its own people: team-linked addresses deposited $6.75 million to exchanges over 4 days. The double top at 0.19 is complete, and it’s heading straight for 0.145 support; break that, and watch for 0.10. This isn’t selling the news—it’s using good news as cover to sell. A: Catch the bounce at 0.145, betting the BlackRock narrative isn’t dead yet; B: The team is running—why catch a falling knife?

$ENA $BTC $ETH #ENA #Ethena

Ever wonder what a token looks like when the headlines move on but the tape doesn't? That's $ENA right now — down about 3.4% near $0.16, roughly 15% lower on the week, on about $209M in volume, while $BTC barely budges near $75,940. No fresh catalyst today; this feels like the aftershock of Thursday's flush, when $ENA slid over 12% in a day and $2.44M in longs got liquidated. The overhang hasn't fully cleared either — Ethena disclosed an $8.8M unrealized Binance-related exposure on Oct 29, while pointing to $60M+ in excess reserves above 101% collateralization. The longer story is the fee switch: 95% of qualifying protocol revenue heads to buybacks once USDe hits its supply milestones. I'm watching $0.16 — hold it and the selling probably cools; lose it and $0.15 is the next test. Dip-buy here, or wait for a real catalyst first? #Ethena #CryptoMarket #Write2Earn

That $ENA call—I was on the wrong side.

On the afternoon of 10/24, Arthur Hayes tweeted that he had sold all his ETH, ENA, and UNI. That night, I wrote a bearish take on ENA. Post ID 380762940612450, published at 22:08 Beijing time on 10/24. My exact call:

“This isn’t narrative-driven bad news; real positions are hitting the sell side. If you want to trade ENA in the short term, first recognize that your counterparty is a fund cashing out.”

On Binance spot, the 1-hour ENAUSDT candlestick that opened at 0.1879 at 22:00 on 10/24 closed at 0.2087 72 hours later, at 22:00 on 10/27—up about 11.1%. When the price moves more than 3% against my view, I call it wrong. Over the same period, ETH was down about 1.4%, so ENA outperformed it by more than ten percentage points.

Where I went wrong: Hayes’s exact words were “I dumped it all.” He sold everything. Those tokens were cleared out, not left hanging overhead, but I treated them as supply that would keep weighing on the price. ENA’s low of 0.1839 came just two or three hours after the post.

I’d written that I’d change my mind if ETH stopped making new lows. By the 1-hour close, the ENA/ETH ratio had bottomed at 01:00 on 10/25 and kept rising from there. I never looked back.

I couldn’t find a single verifiable piece of news to explain this rally, so I won’t make up a reason. ENA is now back below the price when the post went out, but that doesn’t change my call on those 72 hours.

On the night a celebrity trader announces they’ve sold everything, do you first look at how much they sold, or whether the market can absorb it?

#ENA复盘 #Ethena $ENA

🚨 ENA’s Next Big Move Could Change Its Token Story!

Ethena’s ENA Fee Switch is the key development to watch.

CONFIRMED: Ethena’s governance forum lists an ENA Fee Switch Activation update dated October 12.

The proposal aims to direct protocol revenue toward ENA buybacks once specified USDe supply milestones are met.

Why it matters: It could strengthen the link between protocol revenue and ENA.

But: Activation and actual buybacks should not be assumed without confirmed implementation.

Takeaway: Can Ethena turn protocol growth into real ENA value?

Click the $ENA widget below for the latest updates.

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#Ethena #Crypto
Not financial advice. DYOR.