Well, well... ENA dropped some good news yesterday, and Yzi Lab, the ENA team, etc., immediately rushed to pump the token onto exchanges. Honestly, I thought it was an uninvestable project yesterday—such a small vision. But here’s the thing: If the price drops below 0.7, the treasury company will buy $10M worth every day. If the price goes above 0.7, the treasury company will buy $5M worth every day. USDe got listed on Binance, expanding its use cases. ENA got listed on OKX, increasing buy-side demand. Currently, it’s pulled back quite a bit from the highs, and the hourly chart is holding steady. After all, it’s the fastest-growing stablecoin, with $100M TVL added daily. In a rate-cut cycle, the yield becomes even more attractive to institutions—after all, an 8-18% yield isn’t easy to find (TON chain wallets are still offering 17.65%). Looking at the K-line pattern, it’s either forming a cup-and-handle ready to break upward, or it’s a double top. Gonna make a small buy and try to catch a rebound.