📊 Today's Market Core Dynamics

Market sentiment is stabilizing: Although the price of Bitcoin has not quickly rebounded, on-chain data shows that the scale of realized losses has significantly decreased compared to the beginning of this month, indicating that the market is gradually adapting to recent weak performance, and panic sentiment has not further intensified.

Positive signals are emerging in the funding landscape: One key indicator is that the BTC balance on the Binance platform has started to decline. This typically means that funds are beginning to enter the market, digesting potential selling pressure and bringing some confidence to the market.

BNB is resilient but facing resistance: Against the backdrop of mainstream tokens generally under pressure, BNB had previously performed well due to ecosystem expansion. Currently, the BNB price is supported near the psychological level of $1000, showing buyer confidence. However, trader sentiment is divided, with most (64.7%) expressing skepticism about breaking through $1069 in the short term, expecting a period of volatility.

The new listing effect shows stark contrasts: Binance's new listing today again showcased the market's extreme fluctuations. The Lorenzo Protocol (BANK) surged over 80% after its announcement, while the similarly listed Meteora (MET) saw its price drop immediately. This confirms that the traditional benefits of "Binance's new listings" are diminishing, and the market reaction is no longer consistently positive.

💡 Key Perspectives for Traders

1. Reassess the "new listing strategy": The past strategy of relying on "new listing news" for trading may have become ineffective. It is now necessary to focus more on fundamental indicators such as the on-chain trading volume and liquidity depth of projects, rather than simply chasing news.

2. Pay attention to key price points: For BNB, $1040 is an important resistance level; if it can effectively break through, it may open up an upward space towards $1200; the key support below is in the $980-985 range.

3. Beware of the amplification effect of sentiment: Current market sentiment is very fragile, and the impact of any fundamental news may be amplified. Analysts believe that Bitcoin is likely to maintain a weak performance for a period of time, and patience is needed. $AIA $BTC