The supply of USDe has increased by more than 3.1 billion USD in less than 20 days 🫡
This figure is greater than the combined inflows of BTC ETFs during the same time period.
The formula ETH staking + delta-neutral yield = native demand loop is still performing very well.
The majority are still waiting for $ENA to perform as "well" as that 😁
#USDe #Ethena
When $ETH went from $2.5k to $3.7k, everyone was shouting to cash out at $5K - $10K, meaning it would double again.
But the market just corrected slightly by -10%, and everyone turned back immediately, regretting not cashing out at the peak.
In summary, everyone still wants to buy the bottom and sell the top, without any plan or strategy, just pure all-in and FOMO.
Anyone still having this mindset should adjust, discipline is something that cannot be lacking in this gambling arena, my friends.
The $ENA chart is forming a bottom pattern 👀
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