BounceBit ($BB ) has fallen by 6.37% in the last 24 hours, which is worse than the overall crypto market (-1.88%). Main reasons:
Technical correction – the price has pulled back from the resistance level after a 18% rise over the week
Low trading volume – activity has decreased by 59%, which has intensified volatility
General market cooling – neutral sentiment (fear and greed index: 43) is putting pressure on altcoins
The decline of BB reflects profit-taking after strong growth, exacerbated by general caution in the market. Although integrations with real assets (Franklin Templeton/BlackRock) create long-term fundamental premises, traders are closely monitoring the support holding at the level of $0.127. #BounceBitPrime @BounceBit $TREE $BMT