The cryptocurrency market faced a challenging start to 2025, with Ethereum experiencing its worst first quarter since 2018, declining by 45%. This downward trend has also impacted the altcoin market, leading to significant price corrections for many cryptocurrencies. While Ethena (ENA) has experienced a substantial drop of over 74% from its January peak of $1.30 to its current price of $0.31, its recent price structure suggests potential signs of a trend reversal. 2025 data from Coinmarketcap shows that the final accumulation zone before a market reversal might be forming. Early indicators suggest this could happen soon as ENA’s chart resembles similar patterns seen in PENDLE during its significant correction in early 2023. 75% of PENDLE’s value was lost, and it then bounced back with an impressive rally exceeding 70%. Similarly, ENA is exhibiting a double bottom pattern on the weekly chart. This configuration, which resembles the classic signal of a potential bullish reversal, has emerged as a strong support zone around $0.20–$0.38.