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#BinanceHODLerLA 📰 BNB Burns 1.6M Tokens Worth Over $1 Billion — Bulls Aim for $770 $BNB The BNB Foundation has completed its 32nd quarterly token burn, removing 1,595,599.78 BNB — valued at over $1.02 billion — from circulation. This move reduced the remaining total supply to 139.29 million BNB, continuing its long-term plan to bring total supply down to 100 million. This isn’t just symbolic — it’s fundamental. BNB’s Auto-Burn mechanism adjusts burn size based on price and BSC network activity. Combined with BEP95’s real-time burn from gas fees, this deflationary model builds real pressure for upward price action. And that’s exactly what we’re seeing. BNB surged to $695, where I sold a portion of my holdings. My next target: $770. The technicals support the sentiment. Open interest has jumped to $781.5M, while derivatives volume rose 34%, showing traders are confident and positioned long. Momentum indicators like the MACD have flipped bullish. BNB is now trading above its 50, 100, and 150-day SMAs — a textbook bullish structure. But here’s the key: if BNB holds above $680, a clean breakout toward $700–$720 becomes likely. A daily close above $710 could pave the way to $740+. While short-term pullbacks remain possible, the broader picture is strong. This $1B burn isn’t just a headline — it’s a signal: BNB is tightening supply, and the market is responding. Disclaimer: This is not financial advice. I'm a spot trader sharing personal views. Always DYOR.
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#TrendTradingStrategy 💭 Some Thoughts from a Peaceful Trader... Today, my portfolio grew about 4%. Feels good. But honestly? I don’t celebrate too much. And I don’t stress when it drops either. I’ve been trading crypto and Forex for 13 years. I’ve had my share of sleepless nights… staring at charts, chasing pumps, panicking over red candles. I know that feeling — maybe you’re living it now. But over time, I learned to let go. Now, I check my wallet once a day — sometimes not even that. I invest for the future, not for quick highs. I build a portfolio I believe in — blue chips, small risks, medium risks. I don’t overthink anymore. I trust my plan. And finally… I sleep well. If you're tired of the noise and want to learn how to trade with peace — 💛 Follow me. Let’s grow together.
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