$BNB Potential Risks and Challenges

1. Short-term Selling Pressure and Market Sentiment

Derivative Risk: $493 million in liquidations across the network in the last 24 hours, with long positions accounting for 80% ($393 million), increasing volatility due to leveraged liquidations.

Developer Activity Plummets: Smart contract development activity on the BNB chain has dropped by 85% month-over-month, indicating insufficient ecological innovation momentum.

2. Technical Vulnerabilities

Shrinking Trading Volume: After breaking through $700, trading volume has not significantly increased, necessitating caution against false breakout risks.

Overreliance on DeFi: 75% of activities on the BNB chain are concentrated in the DeFi/DEX sector, lacking diversified support from NFTs, games, and other sectors, resulting in weak risk resistance.

3. Macroeconomic Policy Disturbances

Escalation of Tariff Conflicts: Trump threatens to impose a 100% tariff on Russia, which could lead to global trade frictions, potentially resulting in a sell-off of risk assets.

Regulatory Details Unclear: Hong Kong requires stablecoins to have 100% reserve assets, which may indirectly compress BNB payment scenarios.