- BNB inflow of $ 4.60 million and Bullish Sentiment corresponds to the rising positioning of the long side.
- Short liquidations stack between $ 623 – $ 639, because the financing remains negative despite a bullish structure.
Binance currency [BNB] Registered $ 4.60 million in inflow compared to $ 3.69 million in outskirts on 8 June, resulting in a net positive balance that reflects the growing trust of investors.
Naturally, this shift reflected the increasing trust of investors, reinforced by the rare coordination between crowd sentiment and smart money.
When both ends of the market come together, conviction usually follows.
Will aggressive positioning expose traders to the downward risk?
Retail traders showed a strong bias, with 62.09% of BNB/USDT accounts that held long positions. The long/short (accounts) ratio were 1.64, at the time of printing.
This shows that traders are badly crooked by the advantage.
Although this set -up can support a continuous rally, it also increases the risk of a long squeeze if the price stables or reverses.
Overcrowded lungs can quickly unravel when they are confronted with volatility.
That is why the imbalance means strong confidence, but requires caution from surplus participants in the current market environment.
Source: Coinglass
BNB -Shorts are piling up near $ 639: Can an outbreak above this level press a squeeze?
The BNB liquidation card unveiled dense short positions stacked between $ 623 and $ 639.
With the price of the Altcoin around $ 649.7, most of those short positions are under water. If bulls manage to keep above $ 650, the next leg can be fed up with short liquidations.
Historically, the price accelerate the tendency to accelerate because of these zones while stopping loss and liquidation triggers activate.
Of course, to unfold this, the ongoing buying pressure must continue.
Source: Coinglass
Open Rising Options Open Resent Signal Incoming Volatility?
BNB Derivatives The volume fell 42.48% to $ 341.42 million, while futures open interest rate 1.16%.
Despite this cooldown, the open interest of the options increased by 12.29%, indicating that some traders position for volatility due to non-directing strategies.
This suggests that although momentum traders withdraw, others remain involved, cover or speculate in a larger movement.
Moreover, the OI -weighted financing percentage remained negative at -0.0042%, which means that shorts still paid to keep the ground.
This decoupling between negative financing rates and long -sided positioning can indicate a short squeeze brewing under the surface.
Source: Coinglass
Can bullish sentiment and liquidation pressure BNB push past the resistance?
BNB showed signs of strength when spot -intake rises, retail traders load on lungs and stack short liquidations under the current price.
Despite the reduced derivative volume, the increase in options open interest and persistent negative financing underlying tension.
If Bulls maintain control over $ 650, a cascade of short liquidations could follow.
Although the market remains fragile, sentiment and structure now lean for an outbreak, on condition that momentumpers and important liquidity zones give way.