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Ethena ($ENA) Crypto Forecast: Down 9.4% Today

Morpher AI identified a bearish signal. The crypto price may continue to fall based on the momentum of the negative news.

What is Ethena?

ENA (Ethena) observed a notable bearish trend today. The cryptocurrency market, including ENA, encountered increased selling pressure. Bitcoin (BTC) falling below $86,000 affected market sentiment. ENA, alongside other altcoins like Aster and Midnight, saw losses as investors reacted to the market's downtrend. *

Why is Ethena going down?

ENA crypto is down 9.4% on Dec 16, 2025 3:36

  • The downward movement in ENA could be linked to the overall market sentiment influenced by Bitcoin dropping below $86,000. The selling pressure in the cryptocurrency market prompted investors to withdraw from altcoins such as ENA, leading to extended losses for the token. Traders are vigilantly tracking Bitcoin's movements as it continues to shape the market's direction, affecting individual tokens like ENA.

ENA Price Chart

ENA Technical Analysis

ENA News

Top Crypto Losers: Aster, Midnight, and Ethena extend losses as selling pressure mounts

Aster (ASTER), Midnight (NIGHT), and Ethena (ENA) are the altcoins with the most losses over the last 24 hours, as the broader cryptocurrency market weakens amid Bitcoin (BTC) dropping below $86,000.

https://www.fxstreet.com/cryptocurrencies/news/top-crypto-losers-aster-midnight-and-ethena-extend-losses-as-selling-pressure-mounts-202512160259

0 News Article Image Top Crypto Losers: Aster, Midnight, and Ethena extend losses as selling pressure mounts

Ethena Price History

28.09.2025 - ENA Crypto was down 5.3%

  • The decline in ENA's value is likely linked to the overall decrease in DeFi Total Value Locked (TVL) and Open Interest, which points to waning interest and activity in the DeFi sector.
  • With ENA's price falling by 2% today and experiencing a 5% loss for the week, it indicates a limited demand both on-chain and through retail, hinting at possible further declines for the token.
  • The less optimistic outlook for ENA may be influenced by the general market conditions affecting the broader cryptocurrency industry, resulting in heightened selling pressure on the token.

31.07.2025 - ENA Crypto was up 5.7%

  • The bullish movement of ENA today is believed to be influenced by positive market sentiment and growing investor interest in the cryptocurrency.
  • Despite the broader market experiencing liquidations and losses, ENA has shown resilience and notable strength, indicating potential robust buying activity.
  • The anticipation surrounding the upcoming $4.7 billion token unlocks scheduled for September seems to have energized investors, leading to heightened demand specifically for ENA.
  • ENA's performance, outshining other altcoins undergoing corrections, hints at unique value propositions or a loyal investor base driving its price momentum.

16.07.2025 - ENA Crypto was up 5.3%

  • The surge in ENA's value is likely influenced by heightened buying interest from well-known individuals such as Arthur Hayes, showcasing confidence in the token's potential.
  • Anticipation surrounding the ongoing altcoin season, combined with Ethereum's upward trend, has created a favorable market landscape for tokens like ENA to excel.
  • Investor sentiment towards ENA appears optimistic, with many expecting further growth, evident in its performance alongside top performers like Lido DAO and Pendle.

09.09.2025 - ENA Crypto was down 5.1%

  • The bearish movement of ENA can be linked to traders taking profits following a sizable gain of nearly 6%.
  • Initial enthusiasm and buying pressure may have arisen from a wedge breakout, leading to the previous day's price surge.
  • However, as the price retracted from its peak and failed to sustain momentum above $0.5500, investors may have opted to sell, resulting in the downward movement.
  • Market sentiment regarding ENA is still swayed by retail activity and technical trends, suggesting that future price changes could remain unpredictable.

15.08.2025 - ENA Crypto was down 5.2%

  • ENA experienced a bearish movement despite a prominent figure increasing his holdings to over 5 million tokens.
  • The market may have reacted negatively to other external factors or events not disclosed, leading to the bearish movement.
  • It is possible that profit-taking by other investors contributed to the downward pressure on ENA's price.
  • Traders might be cautious due to overall market volatility in the cryptocurrency space, impacting ENA's price negatively despite positive developments.

14.09.2025 - ENA Crypto was up 10.6%

  • ENA's bullish movement can be attributed to renewed retail interest in the cryptocurrency, as indicated by a wedge breakout in the price forecast analysis.
  • The rebound of Ethena and other top performers like Story and Bittensor could be influenced by the onshoring of the USDtb stablecoin and investments from a prominent fund, signaling increased confidence in the market.
  • The resistance levels identified by industry sources could be key indicators for future price movements, suggesting that investors are closely monitoring these levels for potential breakout opportunities.
  • Overall, the positive sentiment surrounding ENA and other cryptocurrencies in the market recovery phase indicates a growing optimism among investors, driving the bullish movement of ENA.

31.09.2025 - ENA Crypto was down 9.5%

  • ENA experienced a bearish movement today, following a broader market sell-off affecting cryptocurrencies like Pump.fun and Virtuals Protocol.
  • The decline in ENA's price could be attributed to the overall market sentiment, with investors selling off their positions amid concerns about the DeFi total value locked (TVL) and open interest.
  • The decrease in on-chain and retail demand for ENA may have contributed to the negative price trend, indicating a potential further downside if the sentiment does not improve.
  • The market movement of ENA reflects the volatility and interconnected nature of the cryptocurrency space, where external factors can influence individual token prices.

19.08.2025 - ENA Crypto was down 5.3%

  • Despite the bullish reversal possibility hinted by the OKX listing announcement, ENA continued its downward trend for the fifth consecutive day, suggesting that market sentiment may not have been influenced by this event.
  • Arthur Hayes' significant increase in ENA holdings to over 5 million tokens did not appear to have a positive impact on the token's price, as it steadied above $0.780 but still faced a bearish movement.
  • The market may be reacting more strongly to broader market trends or external factors rather than individual token-specific news, leading to the continued downward pressure on ENA despite potentially positive developments.

01.11.2025 - ENA Crypto was down 17.2%

  • ENA faced a strong bearish movement today, in line with Zcash and Starknet, indicating a broader trend of losses in the cryptocurrency market.
  • Despite ENA being a top loser today, it had been listed as one of the top gainers previously, showcasing the volatility and unpredictability of the crypto market.
  • The bearish pressure on ENA could be attributed to overall market sentiment, possibly influenced by external factors such as regulatory concerns or profit-taking by investors.
  • Investors in ENA may need to closely monitor market trends and news developments to make informed decisions amidst the current bearish market sentiment.

26.10.2025 - ENA Crypto was up 7.3%

  • ENA's upward trajectory appears to be influenced by a favorable market sentiment and heightened investor interest in cryptocurrencies.
  • Similarly, top performers in the cryptocurrency market like Kaspa, Ethena, and Quant are also showing notable gains, indicating a widespread bullish outlook.
  • The price surge of ENA could be linked to the increasing optimism surrounding cryptocurrencies overall, potentially spurred by institutional adoption and favorable regulatory climates.
  • The growing attractiveness of cryptocurrencies such as ENA as viable investment options seems to be attracting investors, resulting in heightened demand and price escalation across the market.

16.11.2025 - ENA Crypto was down 9.4%

  • The downward movement in ENA could be linked to the overall market sentiment influenced by Bitcoin dropping below $86,000. The selling pressure in the cryptocurrency market prompted investors to withdraw from altcoins such as ENA, leading to extended losses for the token. Traders are vigilantly tracking Bitcoin's movements as it continues to shape the market's direction, affecting individual tokens like ENA.

25.07.2025 - ENA Crypto was down 6.2%

  • ENA, along with other altcoins like Lido and Pump.fun, showed losses in the cryptocurrency market, with liquidations surpassing $650M.
  • The selling pressure on ENA indicates that investors are taking profits or cutting losses in response to market uncertainty.
  • The prevailing bearish sentiment in the cryptocurrency market may be influenced by factors like regulatory worries, profit-taking following recent gains, or a wider market correction.
  • Traders are advised to monitor market developments closely and establish robust risk management strategies to navigate volatility in the cryptocurrency space.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.