📉 $ENA continues to lag the broader altcoin market.
While many altcoins are showing relative strength against $BTC, $ENA has once again slipped to new local lows.
One possible reason is the ongoing monthly token unlocks, which may be adding extra selling pressure and weighing on price.
The market will be watching closely to see if demand can absorb the new supply in the coming weeks.
Are you accumulating $ENA or waiting for the unlock pressure to ease? 👇
#ENA #Ethena #bitcoin #altcoins
While many altcoins are showing relative strength against $BTC, $ENA has once again slipped to new local lows.
One possible reason is the ongoing monthly token unlocks, which may be adding extra selling pressure and weighing on price.
The market will be watching closely to see if demand can absorb the new supply in the coming weeks.
Are you accumulating $ENA or waiting for the unlock pressure to ease? 👇
#ENA #Ethena #bitcoin #altcoins