I think there's actually a good bull case for $ENA here.
-Binance FUD
-AAVE FUD
-Supply FUD
-Low yield FUD
-USDe market cap FUD
Yet the chart structure looks great here.
Also if you believe that the market is going to recover here (like I do) and that ETH will make new highs (like I do) then it follows that ETH funding will increase, thus increasing yield. Higher yields means USDe MC will increase as well as demand for that yield increases. You want buy ENA when yields are low and sell when they are high, not the opposite, and right now it's pretty beat down.
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