bullish

Rally

Time

Coin

<ul class="wp-block-list cnl-post-highlights-list">
 <li>BNB dips 20% but shows bullish signs with strong long-term holder confidence.</li>  
 <li>Key metrics indicate accumulation, suggesting a potential rebound for Binance Coin.</li>  
 <li>New buyers enter while long-term holders stay firm, signaling market strength.</li> 
</ul>  
<p><a href="https://cryptonewsland.com/bnb-price-prediction-will-bnb-reach-3000-by-2030/" rel="noopener noreferrer nofollow">Binance Coin — BNB</a>, has caught the attention of investors. The token reached $788 on December 4, 2024, marking an all-time high. Since then, the price has dropped about 20%. Bitcoin has also declined, losing 22% from the peak of $108.7K. Despite the dip, 85.8% of BNB holders remain in profit. The 7-day moving average has stayed above 75% since February 2024. These signs suggest a period of distribution. A potential breakout could be on the horizon.</p>  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  https://twitter.com/johnmorganFL/status/1903697746357317970?t=O52GxYFkL65oRiOdTt9jjg&amp;s=19
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</figure>  
<h2 class="wp-block-heading" id="key-metrics-indicate-strength-in-binance-coin">Key Metrics Indicate Strength in Binance Coin</h2>  
<p>Several <a href="https://www.investopedia.com/terms/t/technicalindicator.asp" rel="noopener noreferrer nofollow">technical indicators</a> point to possible accumulation. The coin days destroyed (CDD) metric showed a spike in early March. Other increases appeared in early January and late November. However, these movements did not match the heavy distribution seen in mid-2024. Long-term holders have experienced unrealized losses. The net unrealized profit-loss (NUPL) metric signals fear, last seen in February 2021. Meanwhile, the <a href="https://docs.glassnode.com/guides-and-tutorials/metric-guides/mvrv/mvrv-ratio" rel="noopener noreferrer nofollow">MVRV ratio</a> has remained stable near 1.2 since October 2024. Even during a rally to December’s peak, the metric did not rise significantly.</p>  
<h2 class="wp-block-heading" id="a-strong-setup-for-a-bnb-rally">A Strong Setup for a BNB Rally</h2>  
<p><a href="https://cryptonewsland.com/bnb-price-rally-continues-with-record-breaking-4m-user-surge/" rel="noopener noreferrer nofollow">BNB’s stability</a> suggests new buyers continue to enter the market. Large profit-taking among holders has not occurred in recent months. The steady demand could support a potential price rebound. The price of BNB may have reached a local bottom.</p>  
<p>A decline in NUPL over the past two months adds to that possibility. Buyers continue stepping in, preventing a deeper pullback. Fresh capital in the market strengthens support levels. With strong fundamentals, a rebound may take shape soon.</p>  
<p>For now, long-term trends favor a bullish outlook. Accumulation remains steady, limiting heavy sell-offs. Market sentiment appears balanced, waiting for momentum to shift. A well-timed entry could offer significant upside.</p>

BNB Price Set to Rebound—Perfect Time to Accumulate?

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