Ethena and Bittensor show bullish momentum amid consolidation breakout
Ethena (ENA)
Editor:
Eugene Serbin
bitcoinethereumnews.com reports that Ethena (ENA) and Bittensor (TAO) are displaying renewed bullish momentum as buyers push them out of consolidation phases. TAO price has surged toward the $255 level, challenging a key resistance zone, while ENA has broken above its long-standing base. Both tokens are approaching an undefined threshold as bulls attempt to sustain the uptrend.
How the market reacted
Whalio's own Binance spot order flow for ENA, measured when this story was written up on 27 August 2026. Not the outlet's figures.
Whalio spot data for ENA shows a price of $0.1475 with a 1-hour buy ratio of 59.2%, indicating strong immediate buying pressure compared to the 4-hour ratio of 50.8% and the 24-hour ratio of 48.9%. The 1-hour volume delta is positive at +$979,768, contrasting with a negative 24-hour delta of -$668,659, which suggests that recent buying activity is outpacing the broader daily trend. A positive volume delta means buyers are executing more trades than sellers at the current price, while the buy ratio represents the percentage of trades executed by buyers. This shift from a negative daily delta to a positive short-term delta indicates that buying pressure is building in the immediate term despite weaker daily aggregates.
The latest daily buy ratio of 48.8% sits at the 47th percentile of the last 281 days, against a median of 49.0% - ordinary for this coin.
Twenty-four hours later
What ENA did over the 24 hours after the story broke. The market moves for its own reasons; this is what happened, not what the story caused.
Was that an ordinary day?
The same Binance spot measurements for ENA, averaged over the days leading up to the story.
Over the preceding week, ENA saw a 7-day average buy ratio of 50.3%, which is slightly higher than the current 24-hour reading of 48.9%. The current 24-hour spot volume of $31,929,234 is significantly lower than the weekly average, operating at just 0.42x the typical volume. While the coin experienced a substantial 58.1% price increase over eight days, the current day shows a buy ratio 1.4 percentage points below the weekly average. This volume contraction suggests that despite the recent price surge, current trading activity is unusually quiet compared to the previous week's norms.