$ENA weekly looking very strong. Flip this resistance and we can eventually target new highs. We have a strong risk on environment supported by the ETH treasury bid that isn't stopping anytime soon. BTC.D has broken down, which will support wider risking taking on alts, and Ethena has the strongest fundamentals for this moment in time with stablecoins being the most adopted vertical we have in crypto, and the strongest institutional narrative. USDe supply is approaching $10B, after a massive surge due to some key integrations (mainly AAVE). Ethena's yield should remain high, which will see the supply continue to expand. The Ethena DAT company is still buying $5M of ENA per day for a while, which means we simply have more buyers than sellers, alongside the speculators and traders that have now noticed Ethena is the fastest horse. Higher.