Let's answer the net outflow of BNB funds in the past two hours. Who is selling the value coins? He is the one who has the net outflow of the first few coins.#Youask me and I answer
After a few months, the market value of Sol has once again surpassed BNB. Binance should be taking some action, right? Previously, Big Brother was doing quite well in Launchpool, especially at the end of 2022 when BNB really shone. Recently, the pre-market trading and Megadrop have not performed well for HODLers; it should be a product design issue. Increasing BNB staking and finding ways to reduce the influence of speculators on the coin price is needed. Then, with less volatility, liquidity worsens, and the coin price continues to decline against BTC. Even the BNB burn hasn't caused much fluctuation, and it even dropped lower. So what exactly is the reason for the market's lack of interest? Is it a management issue, a product issue, or a user-related reason? Binance has a plaza, but how many management members have provided continuous updates? How many users only have the Binance app without any promotions? Of course, the plaza doesn't have much valuable information either, especially with those themed events where the entire site just copies and pastes—it's quite trashy. It's better to pay more attention to X, after all, Big Brother is on X.
This scr isn't even a local dog, how did it drop like this? It's worse than a local dog. Did Binance change its listing rules? Every time there's a new model, it starts high and then drops. I used to be proud of being a BNB HODLER, but now the feeling has changed. He has changed. She has changed. He has changed. She has also changed.
9-29 Talk about BNB trend analysis-Is a change imminent?
The market has experienced a wide range of fluctuations for half a year. Both BTC and BNB are hovering near the highs of the last bull market, with a fluctuation range of about 30 points. Despite various negative and positive news during this period, the market has never been able to break through the box range, whether it is negative or positive. From many perspectives, we are probably at a critical time. The six-month consolidation cycle, the time point after BTC halving, the Fed’s interest rate cut expectations, the gold price hitting new highs, and the new round of global monetary easing are all likely to have an impact on the cryptocurrency industry. I speculate that there may be a change in the market during the National Day holiday.
I personally judge the market heat and use the lending rate as an indicator. The lending rate reflects the supply and demand relationship. When the demand for digital currency in the market increases, the lending rate will rise. Anyway, the lower the interest rate, the greater the supply. In the BTC surge, the lending rate of USDT on Binance is as high as 10% 20%, and some platforms are even higher, which shows that large investors are optimistic about the market and expect the rise of Bitcoin to far exceed the interest on borrowing USDT. In contrast, the current lending rate of USDT has dropped to less than 2%, which reflects the pessimistic market sentiment and the lack of obvious market fluctuations. Another indicator is to look at the attitude of the exchange towards the market, that is, the frequency of listing new coins. Binance is the exchange with the best liquidity and the most influential exchange. Its attitude towards the market is the most clear. When the big guys shout BUILD, BUILD every day, the exchange has greatly reduced the speed of listing new coins, which also shows that the market heat has dropped and the funds in the market have no obvious trading interest. For project parties, it is risky to list on the exchange during the market downturn and it is difficult to get an ideal valuation. At the beginning of the year, 3-4 new checks were listed every month, but now it is difficult to list 1. During the downturn, I also focused on BUILD and paid less attention to the market. There was nothing interesting to see, so I might as well improve myself and wait for the next bull market to come.
20% of the losses have been recovered. This drop is really painful. I will stock up on BNB. Looking through the altcoins, they are basically at historical lows. It feels like the bull market has never come. Although BTC has hit a new high, ETH Sol has not taken off yet. Conclusion: Don't get off the bus and wait for the flowers to bloom.
Binance Launchpool will support the decentralized BNB assets of Binance Web3 wallets, and the statistical rules will be updated. There will be no updates without reason, all for the sake of paving the way for subsequent new launches. In the next round of mining, the money will be divided less. It is more friendly to the BSC Web3 ecosystem.
LIVE
Binance Announcement
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Binance Launchpool will support decentralized BNB assets on Binance Web3 wallet
Dear User: To build a healthier and more prosperous BNB ecosystem, Binance will expand the benefits of holding BNB from the exchange platform to the decentralized world through the new decentralized BNB asset function. Starting from the next Launchpool, decentralized BNB assets in Binance Web3 wallets will be counted towards Launchpool rewards calculations. If you hold supported decentralized BNB assets in your Binance Web3 MPC wallet, then that asset will be counted towards your Launchpool BNB holdings to receive rewards. At this stage, decentralized BNB assets support the following liquidity staking tokens:
Finally, BTC has returned to the 70,000 mark. Some altcoins ran away at the top of the last wave, but now it seems that most of them will never be able to pull up in this lifetime. Of course, there are also some that are trapped, such as Sui, which is a downturn. Don't panic when the price plummets, and don't be greedy when the price rises sharply.
Social hot news often triggers speculation, while the long-term development trend of the industry is more suitable for investment behavior. Using short-term or long-term market fluctuations to operate may bring gains or losses. Short-term behavior fluctuates greatly, and pre-set operating rules need to be strictly implemented. Long-term favorable factors allow entry at any time, without having to care about the difference of a few points caused by short-term fluctuations. For example, the Fed's interest rate hike decision or the announcement of the Consumer Price Index (CPI) usually triggers short-term fluctuations in the market, which is a typical short-term hot news. However, in the long run, interest rate hikes may be an inevitable trend. In this case, holding cryptocurrencies can be an effective investment strategy. Although short-term market fluctuations may cause drastic price changes, long-term investors do not have to be bothered by short-term fluctuations, but should focus on overall market trends and fundamental analysis. Core Views Short-term speculation: Hot news triggers market fluctuations, which requires quick response and strict operating rules. Long-term investment: Pay attention to industry development trends, use long-term favorable factors to make layouts, and do not have to care too much about short-term fluctuations. Market analysis: Understand and grasp short-term and long-term market dynamics, reasonably allocate resources and time, and formulate corresponding investment strategies. By balancing short-term speculation and long-term investment, and combining market analysis with risk management, you can better seize opportunities in the cryptocurrency market and maximize your returns. $BTC $ETH $BNB
On Saturday, Eastern Time (early morning of July 28, Beijing Time), at the Bitcoin 2024 conference held in Nashville, Tennessee, former US President Donald Trump delivered a keynote speech emphasizing his strong support for the cryptocurrency industry. Whether he calls it "reliable" or "outrageous", whether he is motivated by political purposes or other interests, Trump's full support for digital currency this time can reflect the attitude of the capital market. He has repeatedly stressed the importance of Bitcoin and said he will strive for more benefits for the industry. Regardless of whether he is elected president or not, these remarks and actions will greatly enhance the capital market's awareness of cryptocurrencies and further promote the market's activity. Similar to Elon Musk's comments on Bitcoin and Dogecoin, Trump's remarks may also affect market trends. Many quantitative trading programs are based on Musk's tweets.
Just now, the market value of sol once again surpassed bnb. Binance has recently launched a variety of activities to lock tokens. Whether it is HODLer or megadrop, which replaces launchpool, the last wave was pulled to 700, and the volume was enlarged, but the decline was shrinking, and the intention of shipment was not obvious. The market was short of funds some time ago, and the buying was insufficient, so the decline was a bit miserable. The main control of the market will wash it again, and wait for the pull-up. It's approaching. It's okay if the market value can't beat eth, but it can't stand being bullied by sol.
Not long ago, when I picked up Rust programming again, a strong sense of unfamiliarity came over me. It had been four years since I last wrote Rust code, and that time seemed like a century ago. Facing this once familiar language, I suddenly felt like I had lost my memory. When I look back at the code I wrote four years ago, I can't help but be surprised. The code is concise and elegant, with clear logic, as if it was written by a "master". I can't help but wonder, did I really write it? This feeling is like being asked about various motion formulas in advanced algebra and physics ten years after graduation. The knowledge that was once familiar has now become so distant and unfamiliar. Or look back at your work notes and question: "This can't be written by me!"
Recently, I have seen a lot of discussion in the community about Binance's new products. However, in this round of decline, Binance has slowed down the pace of launchpool and megadrop, including the release of HODler for nearly a month, and there has been no new announcement. Of course, I have mentioned this new airdrop in space, and it must have been developed internally, and the specific progress speed is unknown. There are a lot of problems to be faced, such as fairness, security, accuracy, and project quality. I feel that the time for new products is approaching, and the slowdown in new products is also an indicator of the popularity of the currency circle. The liquidity is poor, and Binance is also controlling the pace. I look forward to BTC breaking through 70,000 again and BNB breaking through 600. Can I have a launchpool+megadrop+HODle+bnbburn todamoon? Let's wait and see.
Two ways: 1. Subscribe to BNB regular products and earn points To apply for financial products, search for BNB related products and choose fixed financial products for 30, 60, 90 or 120 days. 2. Complete Web3 tasks to participate and get 1.5 times the points + 1000 points operate: 1. First of all, you need to create a web3 wallet. You can either use BTC 0.0001 or more or BNB with a small fee. 1) Transfer to web3 wallet Withdraw BTC to web3 wallet address (web3 receiving address), network selection (BNB Smart Chain (BEP20)) BTC needs to be 0.00011, and the handling fee is 0.000011. The amount received is exactly 0.0001 Bnb also needs to transfer some money as handling fee.
Have you noticed that the declines in the past two weeks were all after 22:00. It rebounded a little in the morning, and continued to fall in the evening. Who is running away and who is buying? Can't we todamoon together, pull in the east during the day and pull in the west at night.
Binance recently planned to launch Megadrop, once again demonstrating its innovative capabilities. After the last modification of the Launchpool model, the price of the coin has steadily increased and is relatively strong in 2024. This newly launched Megadrop plan is expected to bring a new round of dividends to the platform and BNB. Megadrop is an important innovation that encourages users to lock BNB, which can be regarded as a major innovation in the Binance ecosystem. For people like me who hold BTC and BNB for a long time, every plunge is an opportunity to increase holdings. I also lock most of my BNB into regular financial products, which helps to stay rational and avoid selling due to mental breakdown. In the future, if the price of BNB breaks through 700, 900 or even 1,000 US dollars, short-term traders and some long-term holders will inevitably cash out and leave.
If there is any negative news, hurry up, otherwise the market will be washed out too slowly. Don’t mention that it did not meet expectations or exceeded expectations, they are all means. Let’s see what big moves there are before and after the halving of BTC