Route 2 FI|Oct 27, 2026 14:23
BTC struggles to hold $80k, and I'd be lying if I said it doesn't bother me a bit. Boring, choppy markets like this are where most people get chopped up. I don't feel like this is a good market to add much risk, so for now the only position I have open is a 2x lev ENA.
A few reasons to like ENA here:
-The major unlocks are past us. 1.5B tokens ($362M) unlocked on October 5 for early investors.
-Emissions to bootstrap USDE ended
-ENA is highly reflexive --> bullish markets --> more money earned on basis --> higher token price --> higher yield --> more TVL --> repeat
-ENA buybacks soon
NFA & DYOR.
Follow my profile on @phantom to see trades in real time, and sign up to get 10% off 3 months' trading fees with my code:
https://phantom.com/r/route2fi1
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