$BMT BMT
Bearish Breakdown: BMT has reached a new all-time low of $0.0226, down 1.66% daily, due to strong selling pressure and negative market sentiment.
Technical Weakness: A deeply negative MACD confirms the strong bearish trend, while an oversold RSI hints at the possibility of a small short-term rebound.
Significant Risks: Daily unlocks of about 1 million BMT and an excessively leveraged market with 94% long positions create a high risk of further liquidations.
Earning Opportunities: A Binance Earn campaign offers a high yield of up to 22% APR, providing a passive income stream for BMT holders.
BMT's Technical Fundamentals Indicate a Strong Bearish Trend
BMT is in a strong bearish trend, hitting a new all-time low.
The price is below the major exponential moving averages (7, 25, 99).
The MACD is negative, confirming the bearish momentum.
An oversold RSI (36.37) suggests the possibility of a short-term rebound.
High-Yield Promotion During Market Downturn
Recent news focuses on the promotion of Binance Earn for BMT, which offers up to 22% APR. This campaign aims to encourage token holding despite the currently bearish market, potentially increasing the number of staked tokens and reducing the circulating supply.
Earn High Returns with BMT
Simple Earn Campaign: Earn up to 22% APR on flexible BMT products.
New User Bonus: New Earn users who trade 100 BMT can receive a voucher for a trial fund with a 50% APR.
Strategic Considerations
Earning Opportunities: The high-yield Earn campaign provides the opportunity to generate passive income.
Risk Warning: High risk of further decline due to token unlocks.
