Group 1 - BNB's long-term uptrend faces potential threats due to market data divergence and community backlash over recent technical issues [1] - The aggregated spot cumulative volume delta (CVD) increased from $2.34 billion in February to $3.3 billion, while the aggregated futures CVD fell from -$41 billion to -$45.8 billion, indicating a shift in investor behavior [2] - The rise in spot CVD alongside a decline in futures CVD suggests that investors are focusing on long-term positions, which may strengthen BNB's fundamentals [3] Group 2 - A decline in CVD combined with open interest provides insights into market positioning; a simultaneous decline suggests short covering, while an increase in both signals bullish sentiment [4] - Currently, BNB's open interest has decreased by 36% over the past week to 555,000 BNB, indicating active selling or profit-taking [5] - Recent technical issues, including oracle mispricing and temporary depegging of wrapped assets, have negatively impacted user confidence in Binance and BNB [6][7]
Is BNB Bull Run Due For Correction Amid Community Backlash?
Yahoo Finance·2025-10-16 10:09