幣安幣（BNB）期貨持倉量下降，但價格維持穩定

幣安幣（BNB）最近發生了一些重大變化。其期貨未平倉合約（OI）顯示活躍交易中有多少資金，在 12 月達到 10 億美元後有所下降。

Binance Coin (BNB) has seen some big changes recently. Its Futures Open Interest (OI), which shows how much money is in active trades, dropped after reaching $1 billion in December. This drop may seem worrying, but the price of BNB has stayed stable. Let’s look at what this means for the market and what could happen next.

幣安幣（BNB）最近發生了一些重大變化。其期貨未平倉合約（OI）顯示活躍交易中有多少資金，在 12 月達到 10 億美元後有所下降。這種下跌似乎令人擔憂，但 BNB 的價格一直保持穩定。讓我們看看這對市場意味著什麼以及接下來會發生什麼。

What Is Happening in the Derivatives Market?

衍生性商品市場正在發生什麼？

The Futures market for BNB has slowed down. Open Interest fell from its high point, but trading activity is still steady. Data shows that liquidations—when traders lose their positions—are now balanced between long and short trades. This balance means the market is calmer than before.

BNB 期貨市場放緩。未平倉合約從高點回落，但交易活動仍穩定。數據顯示，當交易者失去頭寸時，清算現在在多頭和空頭交易之間達到平衡。這種平衡意味著市場比以前更平靜。

In December, there was a lot of selling, with long liquidations hitting $9.79 million. Now, things are more stable. The number of traders using borrowed money to buy or sell BNB has also gone down. This is a good sign because it reduces the chance of big price swings caused by overleveraged trades.

12 月出現大量拋售，多頭清算額達 979 萬美元。現在，情況更加穩定了。使用借來的錢買賣 BNB 的交易者數量也有所下降。這是一個好兆頭，因為它減少了過度槓桿交易導致價格大幅波動的可能性。

BNB Price Holds Steady

BNB 價格保持穩定

Even though the derivatives market has cooled off, BNB’s price hasn’t dropped much. At the time of writing, it is trading at $694.1. Moreover, the token stays above important levels and shows strong support. Additionally, a golden cross recently appeared on the price chart, where the 50-day moving average moved above the 200-day moving average. This is a common sign that prices might go up. Furthermore, this pattern often attracts more interest from traders, boosting confidence in future price movements.

儘管衍生性商品市場降溫，但BNB的價格並未下跌太多。截至撰寫本文時，其交易價格為 694.1 美元。此外，該代幣保持在重要水平之上並顯示出強勁的支撐。此外，價格圖表上最近出現了一個黃金交叉，其中 50 日移動平均線移至 200 日移動平均線之上。這是價格可能上漲的常見跡象。此外，這種模式往往會吸引交易者更多的興趣，增強對未來價格走勢的信心。

Institutional investors, or “smart money,” are still buying BNB, but they are being more careful than they were in December. This shows there is still interest in BNB, even if the excitement has slowed down a bit.

機構投資者或「聰明的錢」仍在購買 BNB，但他們比 12 月更加謹慎。這表明人們仍然對 BNB 感興趣，儘管興奮程度有所放緩。

BNB’s Market Strength

BNB的市場實力

BNB’s market is clearly showing signs of strength. Moreover, it has held above key support at $680. Furthermore, the price is forming higher lows, which means it is not falling as much after each dip. Additionally, Fibonacci levels point to $624.8 as another strong support area. Interestingly, the drop in Open Interest might actually be a good thing. Specifically, it shows that more people are trading BNB without borrowing money, which can make the market healthier. Consequently, this shift from risky trades to spot trading could help BNB grow steadily.

BNB 的市場明顯顯示出走強的跡象。此外，它還守住了 680 美元的關鍵支撐位。此外，價格正在形成更高的低點，這意味著每次下跌後價格不會下跌那麼多。此外，斐波那契水平指向 624.8 美元，這是另一個強勁的支撐區域。有趣的是，未平倉合約的下降實際上可能是一件好事。具體來說，它表明更多的人在不借錢的情況下交易BNB，這可以使市場更加健康。因此，從高風險交易到現貨交易的轉變可能有助於 BNB 穩定成長。

What Does This Mean for Binance?

這對幣安意味著什麼？

BNB’s recent changes could set it up for long-term success. The market is now more balanced, and the price action looks stable. If this continues, BNB could build a solid foundation for future growth. Traders should keep watching how the spot and Futures markets work together. This will give clues about where the price might go next.

BNB 最近的變化可能會為其長期成功奠定基礎。市場現在更加平衡，價格走勢看起來穩定。如果這種情況持續下去，BNB 將為未來的成長奠定堅實的基礎。交易者應持續關注現貨和期貨市場如何協同運作。這將為價格下一步走向提供線索。

Conclusion For Binance

幣安的結論

BNB’s drop in Open Interest might seem concerning, but it’s actually part of a bigger picture. The market is stabilizing, and the token’s price is holding strong. These changes could be a sign of healthy growth ahead.

BNB 未平倉合約的下降似乎令人擔憂，但這實際上是更大的圖像的一部分。市場正在穩定，代幣的價格保持堅挺。這些變化可能是未來健康成長的標誌。