BOSS Wallet data source, Binance Coin BNB today's market news, BNB latest price: $710.01, 24-hour drop -2.062%, trading volume $2.211 billion

According to the candlestick chart analysis, it is currently in a downtrend. Compared to 13:00, it has dropped significantly, breaking below the low of 11:00, and has decreased since 08:00. When both price and trading volume are declining, it usually indicates a decrease in market activity, with both buyers and sellers being inactive.
The market may be in a wait-and-see state, waiting for new driving factors to emerge. In this case, future prices may continue to be sluggish or consolidate sideways until new market news or events break the deadlock. Investors should closely monitor market changes and events that could trigger price fluctuations.
Decreased trading volume, market inactivity. The Williams indicator shows that it is currently oversold. Recent trading volume has decreased, and the volume has decreased compared to the previous few hours, with both price and trading volume declining: the market is quiet, and trading is inactive.
Market trends do not align with expectations; it is advisable to observe cautiously and make decisions after the trend becomes clear.

The above content is for reference only and does not constitute investment advice.