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Why $BNB Going Down!
BNB is down from recent highs — but why is it moving lower? 📉
📉 Main Reasons BNB Price Is Falling
1. Broader Crypto Market Weakness
BNB often moves with Bitcoin, Ethereum, and other major cryptos. When the overall market sells off, altcoins like BNB get pulled down too. �
TechStock²
2. Reduced Trader Participation
Open interest (total money committed in futures) has been falling, meaning traders are closing positions rather than opening new ones — less demand = downward pressure. �
Brave New Coin
3. Technical (Chart) Weakness
Chart indicators show bearish signals and BNB hovering around key support zones. This can trigger short-term selling as traders take profits or exit. �
TechStock²
4. Macro and Risk‑Off Sentiment
Global financial events (like hawkish signals from the U.S. Federal Reserve) can make investors de‑risk, hitting crypto markets including BNB. �
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Welcome
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