BNB Sees $2.61M Profit-Taking Amid 26% Surge in New Addresses and Major Quarterly Burn
BNB is currently trading at $638.24, down 4.08% over the past 24 hours, with a 24-hour open of $665.37. The recent price decline can be attributed to profit-taking by spot traders, as evidenced by $2.61 million in realized profits in the last day, alongside broader market volatility following macroeconomic uncertainty, including new tariffs announced by President Trump. Despite the short-term drop, BNB maintains strong fundamentals, highlighted by increased network activity—such as a 26% rise in new addresses and a 20.91% increase in transaction fees—ongoing ecosystem growth with new projects like Jager, and the recent completion of Binance's 30th quarterly BNB burn, which reduced the circulating supply. BNB remains a top-five cryptocurrency by market capitalization, with a current market cap of $89.29 billion and a 24-hour trading volume of $2.04 billion, reflecting significant ongoing market activity and utility within the Binance ecosystem.
Could the Expiry of $3.8B in Cryptocurrency Options Affect Market Trend?
Approximately 30,700 Bitcoin options contracts, valued at around $3.2 billion, are set to expire on Friday, June 6. This event is predicted to have minimal impact on the spot markets, which have already experienced a $150 billion decline. The options contracts have a put/call ratio of 0.76, indicating a slight preponderance of long contracts.
The highest open interest is at the $115,000 strike price, with $1.7 billion, and an additional $1.6 billion at the $140,000 strike price, reflecting continued bullish confidence. Simultaneously, around 241,000 Ethereum contracts, with a notional value of $624 million, are also set to expire, bringing the total value of crypto options expiring to approximately $3.8 billion.
Despite recent losses, Bitcoin and Ethereum continue to maintain support levels in six figures and around $2,400 respectively.
Why Are People Panic Selling? Here's What’s Really Happening
A lot of people are dumping their coins right now simply because they see red candles on the charts. Ask them why, and most will say, “Prices are falling — I had to sell.” But the truth is, many don’t actually understand the bigger picture — they’re reacting out of fear, not logic.
Global tensions and geopolitical conflicts (like those involving Iran, Lebanon, Israel, Pakistan, and India) are making headlines and shaking confidence. This fear spreads fast — especially among smaller investors — leading to panic selling.
But here's what many don’t realize: large investors (the “whales”) often sell strategically. They trigger a dip, watch the panic unfold, and then scoop up coins again at lower prices. It’s a game — and they’re playing it well.
Small traders, unfortunately, get shaken out too early. They sell at the bottom while whales reload. And when the market recovers, they’re left watching from the sidelines.
The reality? Corrections are normal. They don’t mean the end — many assets are still poised to reach new all-time highs.
So don’t be swayed by fear. Stay calm. Stick to your strategy. The biggest gains often follow the scariest dips.
🗞 Catch up on the news over the last 24 hours!
🚨 El Salvador President Nayib Bukele met with White House Executive Director of Digital Assets Bo Hines to discuss collaboration on Bitcoin and digital assets.
🔥 A solo miner successfully mined a Bitcoin block, earning 3.151 $BTC worth over $330,000.
🔥 Bitfinex analyst says Bitcoin could touch $115,000 or higher by early July driven by strong institutional interest and ETF inflows.
🇺🇸 ETF FLOWS: Around 825 $BTC and 21,990 $ETH were bought on June 4.
🇮🇹 $13B European fund manager APS makes first institutional purchase of retail tokenized real estate, buying $3.4M in Italian properties via MetaWealth.
🇧🇷 Brazilian pro-Bitcoin fintech company Méliuz is currently the most traded stock in Brazil for 2025, up 197% YTD.
🚨 Truth Social files S-1 for a Bitcoin ETF.
🇺🇸 President Trump holds a call with China’s Xi Jinping to discuss US-China trade relations.
🇺🇸 TRUMP: “I’ve always liked Elon. I’d rather he criticize me than the bill, the bill is incredible.”
🚨 Trump says the U.S. could save “billions and billions” by cutting Elon Musk’s government subsidies and contracts.
⚡️ Uber CEO says the company is considering using stablecoins to lower costs.
🇺🇸 The markup for the crypto market structure bill CLARITY Act is set for Tuesday, June 10 at 10:00 AM EST by the House Committee on Financial Services.
#CircleIPO Tesla's stock has recently experienced significant losses, primarily due to escalating tensions between CEO Elon Musk and President Donald Trump. Their public feud, centered around proposed legislation to revoke electric vehicle tax credits, has led to investor concerns about potential political and regulatory repercussions for Tesla. Consequently, the company's market capitalization dropped by over $150 billion, marking its steepest single-day decline in four years .
Additionally, Tesla faces mounting challenges from competitors like China's BYD, which has surpassed Tesla in global EV sales and introduced advanced charging technologies . Tesla's sales have also declined in key markets, with a 45% year-over-year drop in Europe and a 15% decrease in China . These factors, combined with Musk's political engagements and the resulting brand perception issues, have contributed to the stock's downturn.
The broader market has felt the impact, with the Nasdaq experiencing its sharpest fall since 2022 . Investors remain cautious as Tesla navigates these multifaceted challenges.
#TradingPairs101 Tesla's stock has recently experienced significant losses, primarily due to escalating tensions between CEO Elon Musk and President Donald Trump. Their public feud, centered around proposed legislation to revoke electric vehicle tax credits, has led to investor concerns about potential political and regulatory repercussions for Tesla. Consequently, the company's market capitalization dropped by over $150 billion, marking its steepest single-day decline in four years .
Additionally, Tesla faces mounting challenges from competitors like China's BYD, which has surpassed Tesla in global EV sales and introduced advanced charging technologies . Tesla's sales have also declined in key markets, with a 45% year-over-year drop in Europe and a 15% decrease in China . These factors, combined with Musk's political engagements and the resulting brand perception issues, have contributed to the stock's downturn.
The broader market has felt the impact, with the Nasdaq experiencing its sharpest fall since 2022 . Investors remain cautious as Tesla navigates these multifaceted challenges.
How I Flipped $50 into $500 Real Trade, Real Gains!
No leverage. No hype. Just one well-timed swing trade on Binance Spot that changed the game. Here’s the full breakdown of how I made +900% returns with discipline and strategy — not luck.
The Winning Trade:
Token: $PORTAL
Entry Price: $0.096
Target 1: $0.13
Target 2: $0.18
Final Target: $0.24
Exit Zone: Trailed profits from $0.22 to $0.24
Hold Duration: 11 Days
Profit: 9x return on capital
What Worked:
Identified a clear accumulation zone
Spotted a volume surge signaling breakout potential
Waited for resistance break to confirm entry
Stayed focused and emotion-free through the run
The Takeaway:
You don’t need a huge portfolio to grow in crypto. A solid plan, sharp analysis, and calm execution can multiply even small amounts. It’s about skill, not just size.
Want more setups like this?
Smash that Follow and turn on notifications I post real trades, not just theories. Let’s level up together!
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$BTC
{spot}(BTCUSDT)
#BinanceTraders #SmallCapitalBigWins
BTC Slides 2% After Near-Record High: Technical Signals Point to Short-Term Volatility
Bitcoin (BTCUSDT) experienced a 2.05% price decline over the past 24 hours, dropping from a 24h open of $104,908.78 to a current price of $102,756.84 on Binance. This pullback is primarily attributed to profit-taking by traders after Bitcoin recently approached an all-time high near $112,000, with additional downward pressure reflected in technical indicators such as a bearish MACD crossover and a test of the lower Bollinger Band. Despite recent net inflows into U.S. spot Bitcoin ETFs and positive developments such as the dismissal of the SEC’s civil lawsuit against Binance and its founder, overall market sentiment has turned cautious, with increased trading volume and a slight contraction in market capitalization. Bitcoin remains the leading cryptocurrency by market cap, but current technical signals and risk-off sentiment suggest continued short-term volatility as the market consolidates after its recent rally.
$RVN what coming nex
#ellonmask_comeback_for_new_era
#DontMiss_Ellon_Mask #ellonmask
📈 Market Summary:
Price: $0.01531 (+39.95%)
Trend: Recovering with bullish momentum after sharp pump and consolidation.
Volume: Strong — spike visible during breakout.
RSI (6): 72.35 — overbought zone, but strong bullish pressure still present.
Parabolic SAR: Dots flipped below price = bullish signal.
Bollinger Bands: Widening = volatility expanding, usually follows breakout.
---
🔮 What’s Next?
✅ Bullish Scenario:
If volume sustains and price breaks above $0.01550 – $0.01575:
🔹 Target 1: $0.01620
🔹 Target 2: $0.01675 – $0.01730 (strong resistance here)
Confirmation: RSI stays above 65 and volume supports move.
⚠️ Warning Signs:
If RSI stays too long above 70, expect short-term pullback to:
🔻 $0.01480 (first support)
🔻 $0.01420 (key support to hold the uptrend)
---
🧠 Sentiment & Strategy:
Sentiment: Bullish bias, but overbought = high chance of small correction before further rise.
Trade Plan:
Watch for a retest of support (e.g., $0.01480) → a good long entry if bounces.
Avoid long entries if breaks below $0.01400 — that invalidates current momentum.
#BTC
BTC UPDATE:
According to my previous update, BTC was bearish, and it has now successfully created a downside BOS (Break of Structure).
The structure of BTC is still bearish, and according to Smart Money Concepts (SMC), there are two possible scenarios:
1. BTC will move upwards to take inducement at 106k, then drop down to create a BOS and continue its bearish trend.
2. BTC will break its recent low ( 100,305 ) before taking the inducement, effectively shifting the inducement point.
Note: If BTC moves up to take the inducement at 106k, it's possible that BTC may create a fake CHOCH by breaking 106775, and then take supply from the resistance zone at 108350 - 108900 to continue its bearish trend.
#mi_395
#MyCOSTrade
#TrumpVsMusk
$BTC
{future}(BTCUSDT)