BNB is hovering just above a key support trendline in place since April 2025 a breakdown could trigger a ~15% drop toward $730.
On-chain activity is weakening, with BNBChain transactions down 47% from October highs, signaling reduced short-term demand.
Derivatives positioning has unwound sharply, as futures open interest fell 57% from $2.97B to 1$1.28B, removing speculative support.
Technical indicators remain bearish, with BNB below Supertrend and MACD in negative territory.
Bull case remains intact long term, supported by Binance’s auto-burn mechanism and institutional validation via BlackRock-linked tokenization.#TrendingTopic #bnb #BNB_Market_Update #BNB走势 #BTC $BTC
BTC
91,700
-1.89%
BNB
911.04
-0.19%