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humter king
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#USConsumerConfidence The Michigan Consumer Sentiment Index, a key measure of consumer confidence, has recorded a lower-than-expected figure in its latest release. The index, compiled by the University of Michigan, came in at 71.1, falling short of the forecasted 73.2.
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#USConsumerConfidence The U.S. Consumer Confidence Index (CCI) is a measure of the confidence that U.S. households have in the economic performance of the country. It is based on a survey of consumers' perceptions regarding the economy, including employment conditions, business conditions, and their personal financial situation. The index is a crucial indicator, as it can signal potential consumer spending trends, which directly influence economic growth.
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#USConsumerConfidence As of January 2025, consumer confidence in the United States was low, with the University of Michigan's Index of Consumer Sentiment (ICS) at 71.10. This is a decrease from 74.00 the previous month and 79.00 a year ago. $BNB
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Binance New referral program invite friends & Earn rewards NOW. $BTC $ETH $BNB #BinanceReferralProgram
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$BNB 7-Day Slide: Market Sentiment Signals Growing Bearishness Amid Falling Volume Binance Coin ($BNB ) has faced a notable downturn, with its price slipping -5.38% over the past 7 days to $685.80. Compounding the decline, trading volume has plummeted by a staggering 99.62% from its weekly high, signalling weakened market activity and investor caution. Market Indicators Signal Trouble Ahead Despite a neutral MACD, slight bearish signals emerge across other key metrics: RSI reflects balanced sentiment but leans bearish as selling pressure mounts. OBV (On-Balance Volume) confirms a bearish trend, indicating a sustained outflow of capital. Bollinger Bands are narrowing, suggesting reduced volatility and the possibility of oversold conditions. What’s Next for BNB? With waning momentum and reduced volatility, analysts warn of potential further downside if market confidence doesn’t return. Watch closely for support at $675—if breached, BNB may face increased selling pressure. Stay tuned for updates as this evolving trend impacts the broader crypto market. #BNB_Market_Update
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