儘管購買了現貨市場，但BNB價格變動仍然中立

在過去的24小時內，Binance Coin的[BNB]價格轉移一直保持中立，適度的增益為0.10％。

Binance Coin’s [BNB] price movement over the past 24 hours has remained neutral, showing a modest gain of 0.10%.

Binance Coin在過去24小時內的[BNB]價格轉移一直保持中立，顯示出0.10％的適度增長。

While that may sound calm, a look at market behavior and on-chain signals tells a more nuanced tale- one where spot and futures traders are on different sides of the coin.

雖然這聽起來很平靜，但看看市場行為和鍊鍊信號告訴一個更加細微的故事 - 一個地方和期貨交易者在硬幣的不同方面。

Spot traders are bullish. They have been busy accumulating more BNB, especially over the last day, with $8.34 million worth of BNB transferring out of exchanges.

現貨交易者是看好的。他們一直在忙於積累更多的BNB，尤其是在最後一天，其中價值834萬美元的BNB從交易所轉移。

This pushes the weekly net outflow to $31.28 million, which is no small feat.

這將每週的淨流出量提高到3128萬美元，這並不是一件小事。

Source: CoinGlass

資料來源：小店

This purchase is worth noting, as it indicates traders are acquiring BNB from exchanges and transferring it to private wallets.

這次購買值得注意，因為它表明交易者正在從交易所獲取BNB並將其轉移到私人錢包中。

This trend is usually a positive indicator for an asset’s long-term outlook, which is crucial for maintaining its price stability in the long run.

這種趨勢通常是資產長期前景的積極指標，從長遠來看，這對於保持其價格穩定至關重要。

However, futures traders are unconvinced, and the story in the derivatives market is unfolding with a more bearish hue.

但是，期貨交易者不相信，衍生品市場中的故事正在以更為看跌的色調展開。

Especially since AMBCrypto found that Binance’s largest traders by position size are the most bearish.

尤其是因為Ambcrypto發現Binance按職位規模計算的最大交易者是最看跌的。

This sentiment is reflected in the Taker Buy/Sell Ratio, reported by CoinGlass at 0.955, which measures whether buying volume (above 1) or selling volume (below 1) is dominant.

這種情緒反映在Coinglass在0.955報導的Taker買賣比率中反映出，這衡量了購買量（高於1）還是出售量（低於1）是主導的。

The broader market appears even more bearish, with the press time ratio at 0.9139, suggesting weaker buying pressure overall.

更廣泛的市場似乎更為看跌，新聞時間比率為0.9139，表明總體購買壓力較小。

Source: CoinGlass

資料來源：小店

Open Interest (OI) has also declined, continuously trending lower.

開放興趣（OI）也下降了，不斷趨勢下降。

BNB’s OI fell from $855.2 million earlier in May to $789.9 million. That drop in unsettled contracts shows reduced conviction and momentum.

BNB的OI從5月初的8.552億美元下降到了7.899億美元。未解決的合同中的下降顯示了定罪和動力減少。

Source: CoinGlass

資料來源：小店

Surprisingly, short traders recorded higher losses in the past 24 hours, incurring $102,560 in losses, compared to $2,140 lost by long traders.

出乎意料的是，短交易者在過去24小時內的損失更高，損失了102,560美元，而長交易者損失了2,140美元。

Greater losses among short traders suggest that the market has tilted against them, pivoting the advantage to the longs.

短交易者中的損失更大，表明市場已經傾斜了他們，從而使渴望的優勢轉向了。

BNB development activity drops

BNB開發活動下降

Now, turning to activity on the BNB Smart Chain, the picture becomes more cautious. After a solid build-up earlier this month, daily smart contract deployment has sharply pulled back.

現在，轉向BNB智能鏈上的活動，圖片變得更加謹慎。在本月初進行了堅實的積累之後，每天的智能合同部署急劇退縮。

According to BscScan, deployments dropped 34.77% in 24 hours to 54,369.

根據BSCSCAN的數據，部署在24小時內下降了34.77％，至54,369。

Verified contracts also saw a decrease of 22.69%, reaching 259. Naturally, fewer contracts equal lower network usage and less on-chain demand for BNB.

經過驗證的合同也下降了22.69％，達到259。自然，較少的合同等於較低的網絡使用情況，而對BNB的鍊鍊需求較小。

Source: BSCscan

資料來源：BSCSCAN

The continued slowdown in development activity could be a defining factor in whether BNB manages to rally or faces further decline from here.

開發活動的持續放緩可能是BNB設法集會還是面對進一步下降的決定性因素。

If negative sentiment around development persists, it could propel the token into a continued price decline. Conversely, renewed development and positive sentiment could support a potential rally for the token.

如果對發展的負面情緒持續存在，它可能會推動令牌持續下降的價格下降。相反，更新的發展和積極的情緒可以支持代幣的潛在集會。