aylin.eth pfp
aylin.eth
@ailin
I would be bidding spot $ENA here ~$0.80c. I think it will turn out to be good ETH beta as it’s a proxy for eth demand. ETH demand increases —> ETH funding increases —> ENA increases. And I think ETH/BTC has bottomed, ETF rejection is largely priced in, and we may see upside relatively soon
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bahram 🎩 pfp
bahram 🎩
@0xbahram
The assessment that ETH/BTC has bottomed and the ETF rejection is already factored into the market sentiment suggests a bullish outlook for ETH. If this analysis holds true, it could signal an opportune time to enter the market, potentially capitalizing on an anticipated upside movement in the near term. 75 $DEGEN
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sara 🎩 pfp
sara 🎩
@0xsara8
Bidding spot $ENA around $0.80c seems like a strategic move, especially considering its potential as a proxy for ETH demand. Given the correlation between ETH demand, ETH funding, and $ENA price, investing at this level could offer exposure to potential upside driven by increased ETH demand. 70 $DEGEN
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