尽管加密市场不确定性，但Binance的市场优势仍在继续上升

尽管加密市场经历了持续的不确定性时期，但Binance的市场优势仍在继续上升。

Binance’s spot volume has surpassed all other exchanges combined and is currently 8x larger than Coinbase, highlighting its superiority in market share.

Binance的现货量超过了所有其他交易所，目前比Coinbase大8倍，强调了其在市场份额方面的优势。

According to the latest data from CryptoQuant, Binance’s trading volume has outperformed that of all other exchanges.

根据CryptoQuant的最新数据，Binance的交易量优于所有其他交易所的交易。

This emphasizes the exchange’s significant influence on liquidity and market dynamics. For instance, in January 2024, as Binance’s volume surged past its competitors, Bitcoin’s price skyrocketed from $42,000 to $73,000 within weeks.

这强调了交易所对流动性和市场动态的重大影响。例如，在2024年1月，随着Binance的数量超过了竞争对手，比特币的价格在几周内从42,000美元飙升至73,000美元。

Simultaneously, Binance’s native coin, BNB, experienced remarkable growth, rising from $335 to $645 during the same period.

同时，Binance的本地硬币BNB经历了显着的增长，同一时期从335美元上升到645美元。

Typically, Binance’s strong performance in spot trading volume has signaled a bullish market trend in the weeks that followed.

通常，Binance在现货交易量中的出色表现表明，在随后的几周内，看涨的市场趋势。

The Binance vs. Other Exchanges BTC Spot Volume Delta indicator is once again positive, suggesting a potential bullish outlook in the coming months, despite a decline in overall aggregated spot trading volume.

Binance与其他交流BTC斑点数量Delta指标再次是正面的，尽管总体汇总交易量下降，但在未来几个月中可能会产生看涨的前景。

However, despite the rising dominance, the market is yet to turn bullish for Binance Coin [BNB]. In fact, BNB investors, both large entities and retail, appear bearish.

然而，尽管统治地位上升，但市场尚未对二氧化硬币[BNB]看涨。实际上，大型实体和零售业的BNB投资者似乎看跌。

This is evident from the recent sale of 10,850 BNB tokens, valued at $6.51 million, by Gnomelabs.

从最近出售的10,850个BNB代币，gnomelabs的价值为651万美元。

According to onchain data from DeFi analytics firm Glassnode, the firm has deposited a total of 76.37 million USDC into Binance and Bybit.

根据DEFI Analytics公司GlassNode的OnChain数据，该公司总共将7637万美元的USDC存入了Binance和Bybit。

When such a large holder turns to selling, it indicates a lack of market confidence, reflecting bearish sentiments.

当如此大的持有人转向销售时，它表明缺乏市场信心，反映出看跌的情绪。

Further, a glance at the futures basis reveals strong bearishness. When the futures basis turns negative, it implies that the future price is lower than the spot price.

此外，浏览未来的基础揭示了强烈的看跌。当期货基础变为负面时，这意味着未来的价格低于现货价格。

Such a market setup suggests that traders expect lower prices in the future, reflecting strong bearish sentiment.

这样的市场设置表明，交易者预计将来的价格较低，反映出强烈的看跌感情。

With futures entering negative territory, BNB’s Aggregated Funding Rate has also turned negative, indicating bearish sentiment in the futures market.

随着未来进入负面领土的，BNB的总融资率也变成了负面，这表明期货市场中的看跌情绪。

Over the past week, the Funding Rate has consistently remained in negative territory, suggesting an increasing number of traders are taking short positions. As a result, shorts are paying longs, reflecting expectations of further price declines.

在过去的一周中，资金率一直保持在负面的领域，这表明越来越多的交易者处于短期头寸。结果，短裤付出了渴望，反映了对进一步价格下降的期望。

Although Binance’s dominance continues to rise, BNB has not mirrored these gains in the short term. Consequently, Binance Coin remains bearish, and current market conditions point to a potential further correction before any upward movement.

尽管Binance的统治地位在继续上升，但BNB在短期内并没有反映这些收益。因此，Binance硬币仍然是看跌的，当前的市场状况表明在任何向上移动之前可能进一步纠正。

If this sentiment persists, BNB is likely to drop below $600, potentially reaching $576.

如果这种情绪持续下去，BNB可能会跌至600美元以下，可能达到576美元。

However, if the past is any indicator, a repeat of the previous cycle—where Binance’s dominance surged—could drive a recovery towards $618, strengthening the altcoin for a possible rally to $638.

但是，如果过去是任何指标，那么上一个周期的重复（Binance的主导地位飙升）可能会将回收率推向618美元，从而增强了Altcoin的可能性，可能会增加到638美元。