ENSO is exhibiting a severe divergence between its price crash (-46.3%) and extreme negative funding rates (-0.71% to -0.95%). This suggests that despite the heavy selling pressure, the market is becoming over-saturated with aggressive short positions. Such a high cost for holding shorts (funding cost) often leads to a 'short covering' rally once the selling exhaustion is reached, especially as RSI sits near 30, indicating a potential bottoming process.