Ethena Price Prediction: Cryptocurrency Market Correction Impacts ENA

Ethena 價格預測：加密貨幣市場調整影響 ENA

The first half of June witnessed a bearish trend in the cryptocurrency market, with Bitcoin struggling to maintain levels above $71,000. This downturn, coupled with market uncertainty surrounding the U.S. CPI data, initiated a corrective phase for many major altcoins. Amidst this decline, Ethena (ENA) lost $1 in value, reaching a three-week low of $0.684.

6 月上半月，加密貨幣市場呈現看跌趨勢，比特幣艱難地維持在 71,000 美元以上的水準。這種低迷，加上圍繞美國消費者物價指數數據的市場不確定性，引發了許多主要山寨幣的調整階段。在這次下跌中，Ethena (ENA) 的價值下跌了 1 美元，跌至三週低點 0.684 美元。

Correction Analysis

修正分析

Ethena entered its current correction on April 11th, following a peak of $1.523. The bearish reversal resulted in a 57.12% decline, seeking support at $0.653. While Bitcoin's recovery in May provided some support for ENA, the altcoin failed to maintain $1 and reversed course. With a weekly loss of 27%, ENA is currently trading at $0.72, with a market capitalization of $1.105 billion.

Ethena 在 4 月 11 日觸及 1.523 美元的峰值後進入當前調整。看跌逆轉導致下跌 57.12%，尋求 0.653 美元的支撐。雖然比特幣 5 月的復甦為 ENA 提供了一些支撐，但山寨幣未能維持 1 美元並逆轉了走勢。 ENA 每週下跌 27%，目前交易價格為 0.72 美元，市值為 11.05 億美元。

Major Holder Sale

主要持有人出售

A significant event influencing ENA's correction was the recent unstaking and sale of a large portion of tokens by a major holder at a loss. According to on-chain data tracker Lookonchain, the staker sold 19.36 million ENA tokens ($14.1 million) of their 23.24 million ENA stake ($17.3 million).

影響 ENA 調整的一個重大事件是最近主要持有者虧本出售了大部分代幣。根據鏈上數據追蹤器 Lookonchain 的數據，質押者出售了其 2,324 萬個 ENA 股份（1,730 萬美元）中的 1,936 萬個 ENA 代幣（1,410 萬美元）。

Support Levels

支援等級

If market conditions persist, the $0.65 support level could be broken, leading to a decline of almost 30% to the psychological level of $0.5.

如果市場狀況持續下去，0.65 美元的支撐位可能會被突破，導致跌幅近 30% 至 0.5 美元的心理水準。

Conclusion

結論

The bearish correction in the cryptocurrency market and the sale of a large portion of ENA by a major holder have contributed to ENA's recent decline. The ability of ENA to reverse this downtrend will depend on key support levels and overall market sentiment.

加密貨幣市場的看跌調整以及主要持有者出售大部分ENA是導致ENA近期下跌的原因之一。 ENA 扭轉這一下降趨勢的能力將取決於關鍵支撐位和整體市場情緒。