The post Can Buyers Halt the Downtrend, or Will Selling Pressure Continue? appeared on BitcoinEthereumNews.com.

BNB has pulled back 10%, now trading at $1,065. Daily trading volume has surged by over 29%. The fear sentiment has flashed threats across the crypto assets; the prices are swinging on the red string. With all the digital assets trading on the downside, the largest assets, like Bitcoin (BTC) and Ethereum (ETH), followed suit. Among the losing assets, BNB, the native crypto token of the Binance ecosystem, has registered a steady 10.27% pullback.  In the morning hours, the asset traded at a high of $1,190.12, and later with the bearish squeeze, the BNB price has declined to a low of $1,024.08. A more powerful downturn would trigger the emergence of the death cross, which has the potential to take the BNB price back to its former crucial support ranges.   BNB is currently trading at around the $1,065.79 zone, with its market cap touching $149.23 billion. Besides, the daily trading volume has soared by over 29.87%, reaching the $7.03 billion range. The Coinglass data has reported that a $20.65 million worth of BNB has been liquidated in the market in the last 24 hours.  Bearish Signals in BNB Technicals Confirm Risk of Price Decline When both the Moving Average Convergence Divergence (MACD) and signal line are settled below the zero line, implying that BNB is in a strong downtrend. It may continue the bearish momentum, and the price movement follows. The Chaikin Money Flow (CMF) -0.15 denotes selling pressure in the market, but it is not extremely strong. Also, the negative value pushes the money flow out of the asset.  The ongoing negative trading pattern has seemingly strengthened the bears, with the price plunging to the $1,055 support level. If the downside correction gained enough momentum, the bears might send the BNB price below $1,045. If the asset turned green,…

---

Filed under: News - @ October 17, 2025 7:27 pm