$BB BounceBit (BB) – Innovative CeDeFi with BTC Restaking, but Facing Short-Term Technical Pressure

BounceBit (BB) demonstrates strong long-term potential through its innovative CeDeFi model, which blends CeFi stability with DeFi transparency. The project is further enhanced by BTC restaking and strategic token buybacks, reinforcing ecosystem value.

However, from a technical perspective, the token is currently in a downtrend: trading below key moving averages, with negative MACD momentum, reduced trading volume, and signs of net capital outflows.

This suggests that while long-term fundamentals remain strong, the project must navigate short-term selling pressure and stabilize inflows to maintain market confidence.

Follow Wendy for more latest updates 🤍

#BounceBitPrime @BounceBit