Recently, BNB’s trading volume has noticeably shrunk during rebounds, while it has increased significantly during declines, indicating bearish market sentiment and a strong willingness among investors to reduce positions on rallies.
On-chain data shows that the number of large transfers leaving exchanges far exceeds those entering, further confirming the trend of capital outflows. In the short term, there is a lack of incremental capital to support a price rebound.
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Recently, BNB’s trading volume has noticeably shrunk during rebounds, while it has increased significantly during declines, indicating bearish market sentiment and a strong willingness among investors to reduce positions on rallies.
On-chain data shows that the number of large transfers leaving exchanges far exceeds those entering, further confirming the trend of capital outflows. In the short term, there is a lack of incremental capital to support a price rebound.
Trading suggestion: Go short around 908-920, targeting 880-870.
#加密市场观察 $BNB $BTC $ETH