History does not repeat itself, but it is always remarkably similar. The overall market is currently fluctuating sideways with a minor downward trend in small coins and strong coins consolidating. Looking at historical trends, the first quarter of each year is truly a phase of explosive growth. December is just a warm-up period, especially with Trump set to take office in January.
This round of sector rotation is nearly complete, and capital flow has entered a new cycle. Bitcoin is under pressure, and Ethereum's unlimited issuance is currently not under consideration. Moving on to the major leading coins, BNB is leading as the primary coin, and a correction rally is imminent. With the current daily technical indicators, it shows a very healthy upward trend. Currently, the top ten mainstream coins only have BNB lagging behind the overall market growth. It is expected to start continuous mining soon, potentially mining 4 or even 5 times in a month.
Currently, the prices of BNB and Cake are far from their destination. It is estimated that this round of BNB could reach at least 1500-2000, or even a market cap exceeding Ethereum, while Cake could reach at least 20. The main reason is that DeFi serves as a benchmark for the bull market, so patience is required. Other coins have already risen significantly, and profits can be taken now. BNB and Cake can be considered as the next targets.
The BNB wealth code has appeared; history does not repeat itself, but it always appears similar. Recently, as long as BNB falls below the lower Bollinger Band, it will inevitably rise to the upper Bollinger Band, but it will take a long time, happening rarely. There are charts to prove it~ Everyone can seize the opportunity.
Risk and Disclaimer: The above content does not constitute any financial marketing or investment invitation, nor does it constitute any investment advice. Before making any investment decisions, investors should consider the risk factors related to the investment products based on their own circumstances and consult a professional investment advisor when necessary.
You are wrong, there is a quarterly destruction mechanism. This repurchase and destruction alone is over a billion U. The total destruction number was announced in January last year. If he doesn't take advantage of this opportunity to destroy, he will have to wait until 8-900 for the destruction.
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#市场调整後的机会? The significant drop in the virtual currency market on December 19 has had multiple impacts on BNB:
Price Drop**: In the context of an overall decline in the virtual currency market, BNB has struggled to stand alone, and its price has shown a notable downward trend. For instance, in the past 24 hours, BNB's price has dropped by 4.28%.
Market Confidence Eroded**: Due to the spreading panic selling sentiment in the virtual currency market, investors' confidence in BNB has also been affected. Investors are concerned about market uncertainty and risks, which may lead them to reduce their investments in BNB or choose to sell their holdings, further exacerbating the price decline.
Decreased Trading Activity**: During significant market declines, investors' willingness to trade generally decreases, leading to a reduction in BNB's trading activity. Lower trading activity means reduced market demand for BNB, which is unfavorable for price stability and recovery.
Ecosystem Development Hindered**: The instability in the virtual currency market may affect the business and development of Binance Exchange, thereby impacting BNB's ecosystem. For example, some projects based on BNB may face issues such as funding shortages and user attrition, which limit the expansion of BNB's applications and the growth of its ecosystem.
Intensified Industry Competition**: In the event of a market crash, competition in the virtual currency industry may become even fiercer. Other competitors may seize the opportunity to capture market share, posing a challenge to BNB and its backing Binance Exchange, further affecting BNB's market position and development prospects. $BNB
Everyone, don't forget Binance's quarterly auto-burn. If the rules haven't changed, it would be too boring not to secretly buy back and burn at this time.
The method is the scheduled quarterly burn conducted by Binance. In these burns, a specific number of BNB is repurchased from the open market and burned. Last month, BNB completed its 29th quarterly burn, with a total of 1,772,712.363 BNB burned, valued at approximately 1.07 billion USD at the time of burning.
The quarterly burn is conducted using Binance's profits and is announced in advance. The specific amount of BNB to be burned depends on several factors, including overall profitability, BNB circulating supply, and the number of blocks generated each quarter.
What is BNB auto-burn?
BNB auto-burn was created simultaneously with the launch of Binance Chain and Binance Smart Chain, which was renamed to BNB Chain.
The auto-burn mechanism is designed to maximize the value of the BNB token and provide a sustainable and secure long-term growth plan for the BNB ecosystem.
The auto-burn still occurs once a quarter, but it is no longer solely based on Binance's trading volume.
The BNB auto-burn mechanism automatically adjusts the amount of BNB to be burned based on two factors:
BNB price
The number of blocks generated by BSC each quarter
The new BNB burn mechanism offers better transparency and is more predictable than previous quarterly burn methods. According to the Binance team, the new auto-burn mechanism will help stabilize BNB prices and protect them from significant volatility.
Risk and Disclaimer: The above content does not constitute any financial marketing or investment invitation, nor does it constitute any investment advice. Before making any investment decisions, investors should consider the risk factors associated with investment products based on their own circumstances and consult professional investment advisors if necessary.
Look, I said it before, those that outperformed the market before are now plummeting. Instead of increasing positions in those that have already risen broadly, it would be better to increase positions in BNB. The market makers' chips for those that have risen broadly are low enough, allowing for significant volatility. The fact that BNB hasn't risen this round indicates it won't drop significantly either; the main big players have no meat to eat. If they don't increase their positions now, will they wait until it takes off to add more?
Here we go again with the old routine; it's always like this: good news first leads to a drop, and then wait for retail investors to cut losses, while the big players come in to pick up cheap shares.
Risk and Disclaimer: The above content does not constitute any financial marketing or investment invitation, nor does it constitute any investment advice. Before making any investment decisions, investors should consider the risk factors related to investment products based on their own circumstances and consult a professional investment advisor if necessary.
After a period of continuous mining and bear markets, everyone must be aware of BNB's capabilities. If nothing unexpected happens, there will continue to be activities, and with other sectors experiencing rotation, BNB remains the only one that hasn't increased. Rather than buying recklessly outside and getting cut, it's more cost-effective to buy BNB.
At least 800, the 19th is expected to have an interest rate cut, because US debt is growing rapidly, if the interest rate is not cut, the only option is to raise taxes, and the tax money will just go to pay interest.
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紫晴
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There will be airdrops and mining later. It depends on whether you believe it or not. After all the increases, the remaining BNB has not increased $BNB
There will be airdrops and mining later. It depends on whether you believe it or not. After all the increases, the remaining BNB has not increased $BNB $BTC $CAKE
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紫晴
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History does not repeat itself, but it is always remarkably similar. The overall market is currently fluctuating sideways with a minor downward trend in small coins and strong coins consolidating. Looking at historical trends, the first quarter of each year is truly a phase of explosive growth. December is just a warm-up period, especially with Trump set to take office in January.
This round of sector rotation is nearly complete, and capital flow has entered a new cycle. Bitcoin is under pressure, and Ethereum's unlimited issuance is currently not under consideration. Moving on to the major leading coins, BNB is leading as the primary coin, and a correction rally is imminent. With the current daily technical indicators, it shows a very healthy upward trend. Currently, the top ten mainstream coins only have BNB lagging behind the overall market growth. It is expected to start continuous mining soon, potentially mining 4 or even 5 times in a month.
Currently, the prices of BNB and Cake are far from their destination. It is estimated that this round of BNB could reach at least 1500-2000, or even a market cap exceeding Ethereum, while Cake could reach at least 20. The main reason is that DeFi serves as a benchmark for the bull market, so patience is required. Other coins have already risen significantly, and profits can be taken now. BNB and Cake can be considered as the next targets.
Current Major Good News: Big Cousin and Old Ma seem to have reconciled. If you don't add to your position now, the next time you do, it might be above 800.
Risk and Disclaimer Notice: The above content does not constitute any financial marketing or investment invitation, nor does it constitute any investment advice. Before making any investment decisions, investors should consider the risk factors related to investment products based on their own situation.
$BTC $BNB $CAKE
LIVE
紫晴
--
History does not repeat itself, but it is always remarkably similar. The overall market is currently fluctuating sideways with a minor downward trend in small coins and strong coins consolidating. Looking at historical trends, the first quarter of each year is truly a phase of explosive growth. December is just a warm-up period, especially with Trump set to take office in January.
This round of sector rotation is nearly complete, and capital flow has entered a new cycle. Bitcoin is under pressure, and Ethereum's unlimited issuance is currently not under consideration. Moving on to the major leading coins, BNB is leading as the primary coin, and a correction rally is imminent. With the current daily technical indicators, it shows a very healthy upward trend. Currently, the top ten mainstream coins only have BNB lagging behind the overall market growth. It is expected to start continuous mining soon, potentially mining 4 or even 5 times in a month.
Currently, the prices of BNB and Cake are far from their destination. It is estimated that this round of BNB could reach at least 1500-2000, or even a market cap exceeding Ethereum, while Cake could reach at least 20. The main reason is that DeFi serves as a benchmark for the bull market, so patience is required. Other coins have already risen significantly, and profits can be taken now. BNB and Cake can be considered as the next targets.
Ten years ago, BTC was also said to be a scam. What about now? If you have no dreams, just go back to trading A-shares.
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Bullish
BNB, this thing is going to fly to the sky. Don't even mention a few thousand, it can go straight to $100,000! This is not investing money, it's buying a ticket to the palace of the God of Wealth. If you hold BNB, you are creating your own wealth myth$BNB #BNB未来可期