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i received my Binance 8th anniversary swags. Thank you Team Binance Square. #BinanceTurn8
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CoinMarketCap has an Alt Season Index feature. Not sure how accurate it is, but it is ticking up. FOMO season soon...
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Binance Soft Staking Kya Hai? Crypto Hold Karke Daily Rewards Kaise Kamayein – Bina Lock Kiye!
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BNB’s 4.7% 24h rally to $805.50+ reflects a new all-time high, ecosystem growth, and bullish derivatives activity. ATH breakout – BNB briefly hit $797.10, its highest-ever price. BNB Chain DEX dominance – $191B+ in 30-day volume outpaced Ethereum + Solana combined. Institutional treasury moves – Kraken’s $60M BNB custody deal for Nasdaq-listed Windtree Therapeutics. Deep Dive 1. Primary catalyst: ATH momentum & token burns BNB surged to $797.10 early July 23 after clearing the $787 resistance, triggering algorithmic buy orders. The rally aligns with Binance’s quarterly BNB burn (latest: $1B+ in June), reducing supply by 2.5M tokens annually. Historically, burns correlate with 15–25% price spikes within 30 days (DeFiLlama). 2. Technical context: Overheated but bullish MACD histogram at +9.48 (bullish momentum) RSI(14) at 86.73 signals overbought risk but mirrors June’s breakout pattern that preceded a 22% rally. Immediate support at $773 (daily pivot), resistance at $833 (127.2% Fibonacci extension). 3. Market dynamics: Altcoin rotation & stablecoin surge Altcoin Season Index rose 4% to 52/100 as Bitcoin dominance dipped to 60.07%. BNB Chain’s stablecoin transactions hit $295B in 30 days (+5% MoM), driving utility demand. Conclusion BNB’s rally combines technical breakout momentum, deflationary tokenomics, and surging on-chain utility. While overbought signals suggest consolidation risk, the $700–$773 zone now acts as a bullish support cluster. Could BNB’s DEX volume growth offset potential profit-taking pressure if Bitcoin weakens? #BNBBreaksATH
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> 🟢 BTC hit $120K 👉 Spot, Futures, OI all spiked 🔸 Binance: – 52% of total spot volume (July 18) – Top futures OI growth 🔹 Altcoins moved the same — Binance leading, rest lagging. ⏳ Volume returning fast. Get ready for the next wave. #BTCvsETH
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