$BB BounceBit (BB) faces price pressure but attracts strong inflows with CeDeFi
BounceBit is demonstrating solid fundamental growth and strong community support for its CeDeFi model, which enables BTC restaking and institutional-grade RWA yield. This positions the project as a competitive force in the evolving DeFi landscape.
However, the BB token has declined by approximately 6.5% over the past 24 hours, with persistent net outflows signaling cautious investor sentiment and bearish technical momentum.
Despite short-term pressure, BounceBit continues to attract significant BNB inflows seeking yield opportunities, while technical indicators suggest the token is currently oversold, hinting at a possible rebound. Do you think BB can stage a recovery fueled by CeDeFi demand, or will selling pressure dominate further?
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