Ethena (ENA) Technical Analysis Today
The Ethena Analysis page provides AI-generated insights into ENA's daily performance, price trends, and key technical indicators. It highlights potential market movements, trading opportunities, and notable technical patterns. Learn more about Ethena's analysis below.
Ethena (ENA) Price Change
| Current Price | 24H | 7 Days | 30 Days | 90 Days |
|---|---|---|---|---|
| $0.1838 | -- | -18.68% | -10.56% | -57.30% |
AI Daily Analysis for Ethena
Ethena Analysis Today 2026-01-20
- Net Capital Outflow: Over the past week, ENA saw a cumulative net capital outflow exceeding USD 9 million, showing negative values for four consecutive days (January 15–19). Short-term capital conditions are bearish, limiting the strength of any price rebound.
- Concentrated Long Positions: The ratio of long positions held by regular and elite accounts remains as high as 9:1, with a positive funding rate (3.5e-5), indicating the market still bets on an upward trend. However, the high concentration poses a counter-risk—once stop-loss triggers, it could amplify the downside.
- Weak Technical Indicators: Multi-period KDJ is low and trending downward, while MA lines on both daily and 4-hour charts are gradually declining. Short-term MAs are below mid- to long-term averages, showing a bearish structure. The daily close dropped 4.82%, approaching a key support zone.
Ethena Analysis Yesterday 2026-01-19
- Liquidity contraction: Continuous net capital outflows for several days (a total net outflow of over 8 million USDT in the past 5 days) indicate short-term selling pressure dominance, and ENA prices may continue to weaken and decline.
- Bullish structure but weakening momentum: Retail and elite accounts hold predominantly long positions (overall position ratio around 9.5:1), but the long ratio has been declining continuously over the past few hours, suggesting weakening bullish power and insufficient short-term rebound momentum.
- Macroeconomic headwinds and bearish funding rate: The Federal Reserve still maintains tightening expectations, coupled with a negative ENA funding rate (-0.000103), indicating rising short interest in the futures market, which puts pressure on the token price.
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Disclaimer
The information provided in this material does not constitute investment, tax, legal, financial, accounting, or any other professional advice, nor does it serve as a recommendation to buy, sell, or hold any assets. MEXC Learn provides this content for informational purposes only and does not offer investment advice. Please ensure you fully understand the risks involved and exercise caution when investing. MEXC is not responsible for users' investment decisions.