Binance Coin (BNB) saw a 1.37% price decline over the past 24 hours, with its value decreasing from $210.69 down to $207.86 as of September 25, 2023. This drop brings Binance Coin's market capitalization to $34.76 billion, making it the 5th largest cryptocurrency by market cap.

截至2023 年9 月25 日，幣安幣(BNB) 的價格在過去24 小時內下跌1.37%，其價值從210.69 美元跌至207.86 美元。這一下跌使幣安幣的市值達到347.6 億美元，成為第五大加密貨幣按市值。

In this report, we will analyze Binance Coin's latest price movements and trading volumes, identify key support and resistance levels, and uncover insights into factors impacting BNB's price. We will also provide a prediction on where Binance Coin could be headed over the next few months based on technical analysis of the data.

在本報告中，我們將分析幣安幣的最新價格走勢和交易量，確定關鍵支撐位和阻力位，並揭示影響 BNB 價格的因素。我們還將根據數據的技術分析來預測幣安幣在未來幾個月的發展方向。

Summarizing Yesterday's Binance Coin Trading Activity

昨天幣安幣交易活動總結

Taking a look at the 24-hour trading statistics, Binance Coin saw a trading volume of $259.27 million. This trading volume indicates decent liquidity and interest in BNB over the past day.

從24小時交易統計來看，幣安幣交易量為2.5927億美元。這一交易量表明過去一天 BNB 具有良好的流動性和興趣。

Analyzing the percentage changes over different timeframes provides further context on the price drop. Over the past hour, BNB has fallen a minor 0.30%. Zooming out further, the 1.37% drop over 24 hours aligns with the overall short-term downtrend BNB has been on since reaching 2022 highs in August.

分析不同時間範圍內的百分比變化提供了有關價格下跌的進一步背景。過去一小時，BNB 小幅下跌 0.30%。進一步縮小範圍，24 小時內 1.37% 的跌幅與 BNB 自 8 月觸及 2022 年高點以來的整體短期下跌趨勢一致。

Binance Coin's losses accelerate as we expand the timeframe even further. Over the past week, BNB is down 5.36%. Over the past month, losses total 3.93%. And for 2022 year-to-date, BNB remains down a substantial 35.62% as part of the broader crypto bear market.

隨著我們進一步延長時間範圍，幣安幣的損失會加速。過去一周，BNB 下跌 5.36%。過去一個月，損失總計3.93%。 2022 年迄今，作為更廣泛的加密貨幣熊市的一部分，BNB 仍大幅下跌 35.62%。

Now that we've summarized the latest BNB price action and trading activity, let's analyze some key support and resistance levels.

現在我們已經總結了最新的 BNB 價格走勢和交易活動，讓我們分析一些關鍵的支撐位和阻力位。

Binance Coin Support and Resistance Levels

幣安幣支撐位和阻力位

Looking at Binance Coin's 1-day candle chart, we can identify some key support and resistance levels that have formed based on recent price activity:

查看幣安幣的 1 天蠟燭圖，我們可以識別根據近期價格活動形成的一些關鍵支撐位和阻力位：

• Strong resistance at $215 - $220 range, with BNB rejected multiple times over the past week when testing this zone.

215 美元至 220 美元範圍內的強阻力，過去一周 BNB 在測試該區域時多次被拒絕。

• Initial support at $205 - $210 range, which aligns with the 21-day moving average and prior swing lows. This is the first area of expected buyer support on further declines.

初步支撐位於 205 美元至 210 美元區間，與 21 日移動平均線和先前的波動低點一致。這是進一步下跌時預期買家支持的第一個領域。

• Strong support at $180 - $190 zone, which marked 2022 lows and is a key area to defend in any further broad crypto selloff.

180 美元至 190 美元區域的強勁支撐，該區域標誌著 2022 年的低點，也是在任何進一步廣泛的加密貨幣拋售中捍衛的關鍵區域。

With Binance Coin currently trading just above initial support at $207.86, bulls will want to see BNB hold this area and build a base before attempting to push back above resistance. A break below $205 and especially $180 could open the doors for significantly more downside.

由於幣安幣目前的交易價格略高於初始支撐位 207.86 美元，多頭希望看到 BNB 守住該區域並建立基礎，然後再嘗試將其推回阻力位上方。跌破 205 美元，尤其是 180 美元可能會為進一步下跌打開大門。

Evaluating Factors Impacting Binance Coin's Price Action

評估影響幣安幣價格走勢的因素

When analyzing the potential drivers behind Binance Coin's recent price weakness, a few key factors stand out:

在分析幣安幣近期價格疲軟背後的潛在驅動因素時，有幾個關鍵因素很突出：

• Broader crypto market downtrend - The overall crypto market cap is down 60% in 2022, weighing on BNB's price as part of this broad-based selloff. Macro environment concerns and risk-off sentiment have hit crypto valuations hard.

更廣泛的加密貨幣市場下跌趨勢 - 2022 年加密貨幣整體市值將下降 60%，作為這種廣泛拋售的一部分，對 BNB 的價格造成壓力。宏觀環境擔憂和避險情緒嚴重打擊了加密貨幣的估值。

• Regulatory uncertainties - Ongoing regulatory pressure and legal issues facing Binance have created uncertainty, which contributes to investors being hesitant to buy BNB. Any negative regulatory developments could further pressure BNB's price.

監管不確定性 - 幣安面臨的持續監管壓力和法律問題帶來了不確定性，導致投資者對購買 BNB 猶豫不決。任何負面的監管進展都可能進一步對 BNB 的價格造成壓力。

• Competition from rival platforms - Alternative smart contract platforms like Ethereum, Solana, Cardano, and Polkadot are competing for developer/user adoption, which could limit upside potential for BNB if Binance Chain loses ground.

來自競爭對手平台的競爭——以太坊、Solana、Cardano 和 Polkadot 等替代智能合約平台正在爭奪開發者/用戶的採用，如果幣安鏈失利，這可能會限制 BNB 的上行潛力。

While current market conditions pose challenges for Binance Coin, there are also some positive developments to monitor:

雖然當前的市場狀況為幣安幣帶來了挑戰，但也有一些積極的進展值得監控：

• Burning of BNB tokens - Binance's quarterly BNB token burning removes tokens from circulation and helps offset selling pressure. The next burn is scheduled for mid-October.

BNB 代幣銷毀－幣安每季進行的 BNB 代幣銷毀將代幣從流通中移除，有助於抵消拋售壓力。下一次燃燒計劃於十月中旬進行。

• Increasing utility for BNB token - More use cases for BNB continue to be added, including NFT purchases, gaming, metaverse projects, and more. Rising utility could support long-term demand.

BNB 代幣的實用性不斷增加 - BNB 的更多用例不斷增加，包括 NFT 購買、遊戲、元界項目等。實用性的上升可以支持長期需求。

• Potential for altcoin rallies - If macro conditions improve in 2023, Binance Coin could benefit from rotations back into altcoins that significantly outperform Bitcoin.

山寨幣反彈的潛力 - 如果 2023 年宏觀環境有所改善，幣安幣可能會受益於回歸表現明顯優於比特幣的山寨幣。

Price Prediction for Binance Coin for the Next 6-12 Months

幣安幣未來 6-12 個月的價格預測

Given the confluence of technical and fundamental factors analyzed above, my prediction is that Binance Coin will trade rangebound between $150 and $250 over the next 6-12 months. Here is the rationale behind this outlook:

綜合上述技術和基本面因素分析，我的預測是幣安幣在未來 6-12 個月內將在 150 美元至 250 美元之間波動。以下是這種觀點背後的理由：

• Lingering macro uncertainty will make it difficult for BNB to sustain major rallies until inflation is tamed and equities/crypto sentiment improves. This will limit upside potential.

揮之不去的宏觀不確定性將使 BNB 難以維持大幅反彈，直到通膨受到抑制且股市/加密貨幣情緒改善。這將限制上行潛力。

• Supporting factors like BNB token burning and utility growth will prevent collapse below $150 barring no outlier events like SEC enforcement action or security compromises.

除非出現 SEC 執法行動或安全妥協等異常事件，否則 BNB 代幣銷毀和效用成長等支援因素將防止價格跌破 150 美元。

• Technicals signal strong support at $180-$190 zone which should hold up, keeping BNB rangebound rather than breaking down further. Drop below $150 would drastically change the outlook.

技術面顯示 180 美元至 190 美元區域有強勁支撐，該支撐位應該能維持住，從而使 BNB 保持區間波動，而不是進一步跌破。跌破 150 美元將徹底改變前景。

• Potential recovery rally in 2023 could propel BNB back up towards $250 resistance level, but sustainability above this zone may prove difficult given competitive and regulatory headwinds.

2023 年潛在的復甦反彈可能會推動 BNB 回升至 250 美元的阻力位，但考慮到競爭和監管的不利因素，維持在該區域上方可能會很困難。

In summary, expectations are for consolidation between $150-$250 for Binance Coin, assuming no shock events cause a breakdown below $150 support. Patience will be key for BNB investors until macro conditions align for a sustained crypto recovery.

總之，假設沒有衝擊事件導致幣安幣跌破 150 美元支撐位，預計幣安幣將在 150 美元至 250 美元之間盤整。在宏觀條件適合加密貨幣持續復甦之前，耐心對於 BNB 投資者來說至關重要。

Which Cryptocurrencies Have Outperformed Binance Coin in 2022?

2022 年哪些加密貨幣的表現優於幣安幣？

Major cryptocurrencies like Bitcoin and Ethereum have faced huge sell-offs in 2022, but a few standout digital assets have managed to record gains this year despite the bearish backdrop. Two cryptos that have notably outperformed Binance Coin's 35.62% year-to-date losses are ApeCoin (APE) and Dogecoin (DOGE).

比特幣和以太幣等主要加密貨幣在 2022 年面臨大幅拋售，但儘管市場看跌，但一些出色的數位資產今年仍錄得漲幅。猿幣 (APE) 和狗狗幣 (DOGE) 是兩種加密貨幣，其表現明顯優於幣安幣今年迄今 35.62% 的跌幅。

ApeCoin recorded a 295% gain in 2022 thus far, surging from around $6 at the start of January to around $27 currently. The memecoin Dogecoin is up 46% year-to-date, rising from $0.17 to $0.25.

迄今為止，ApeCoin 在 2022 年上漲了 295%，從 1 月初的 6 美元左右飆升至目前的 27 美元左右。 memecoin 狗狗幣今年迄今已上漲 46%，從 0.17 美元上漲至 0.25 美元。

The outperformance of ApeCoin and Dogecoin in a down market can largely be attributed to:

ApeCoin 和 Dogecoin 在低迷的市場中表現出色主要歸因於：

1. Surging interest and speculation fueled by online/social media buzz and attention. Both APE and DOGE have cultivated loyal retail investor communities.

線上/社群媒體的熱議和關注推動了興趣和猜測的激增。 APE和DOGE都培養了忠實的散戶群體。

2. Major exchange listings broadening accessibility and trading liquidity. Both cryptos were listed on platforms like Coinbase, Binance, FTX this year.

主要交易所上市擴大了可近性和交易流動性。這兩款加密貨幣今年都在 Coinbase、Binance、FTX 等平台上市。

3. Tie-ins with popular mainstream brands/projects like Yuga Labs and Elon Musk capturing investor intrigue. This boosted the hype and perceived relevance of both APE and DOGE.

與 Yuga Labs 和 Elon Musk 等流行主流品牌/專案的搭配吸引了投資者的興趣。這增強了 APE 和 DOGE 的炒作和相關性。

Meanwhile, Binance Coin has underperformed despite its real-world utility on the Binance Chain. This shows the current power of social-media driven momentum and speculation in the crypto sector, even while fundamentals lag behind. It highlights the risks of hype/buzz driving short-term price action.

同時，儘管幣安幣在幣安鏈上具有現實實用性，但它的表現卻不佳。這顯示了當前社群媒體推動加密產業勢頭和投機的力量，即使基本面落後。它強調了炒作/嗡嗡聲推動短期價格走勢的風險。

How Does On-Chain Activity for Binance Coin Compare to Ethereum?

幣安幣的鏈上活動與以太坊相比如何？

When analyzing blockchain activity and adoption metrics for major cryptocurrencies, Binance Coin generally demonstrates solid on-chain fundamentals but lags behind Ethereum in areas like active addresses, transaction count, and fees generated.

在分析主要加密貨幣的區塊鏈活動和採用指標時，幣安幣通常表現出堅實的鏈上基礎，但在活躍地址、交易計數和產生的費用等方面落後於以太坊。

Some key blockchain activity comparisons between BNB and ETH:

BNB 和 ETH 之間的一些關鍵區塊鏈活動比較：

• Ethereum averages over 1.2 million transactions per day compared to just 80,000 for Binance Coin. This 10x difference shows far higher on-chain usage for Ethereum currently.

以太坊平均每天超過 120 萬筆交易，而幣安幣僅 8 萬筆。這個 10 倍的差異表明目前以太坊的鏈上使用率要高得多。

• Total unique/active addresses sits at around 68 million for Ethereum, dwarfing the 1.5 million for Binance Coin. More users and participants favors ETH.

以太坊的唯一/活躍地址總數約為 6800 萬個，比幣安幣的 150 萬個相形見絀。更多的用戶和參與者青睞 ETH。

• Daily fee generation totals under $300,000 for BNB while ETH generates over $20 million in daily fee revenue, showcasing far higher value transferal.

BNB 每日產生的費用總計不到 30 萬美元，而 ETH 每日產生的費用收入超過 2000 萬美元，顯示出更高的價值轉移。

• Ethereum settled $12 billion in daily on-chain value transfer compared to just $0.4 billion for BNB, highlighting a massive gap in network value settled.

以太坊每天結算的鏈上價值轉移金額為 120 億美元，而 BNB 的每日鏈上價值轉移金額僅為 4 億美元，這凸顯了網路價值結算方面的巨大差距。

Overall, while Binance Coin on-chain activity is growing, Ethereum remains the clear leader by an extremely wide margin in terms of overall blockchain usage and network activity. Combined with Ethereum's first-mover advantage and pace of development, the adoption and usage gap points to ETH's more entrenched position currently as the smart contract network of choice for users and builders in the crypto economy.

總體而言，雖然幣安幣鏈上活動不斷增長，但以太坊在整體區塊鏈使用和網路活動方面仍然以極大的優勢保持領先地位。結合以太坊的先發優勢和發展速度，採用和使用差距表明 ETH 目前作為加密經濟中用戶和建構者首選的智慧合約網路的地位更為牢固。

Conclusion

結論

In summary, Binance Coin has faced heavy selling pressure alongside the broader crypto downturn in 2022, with BNB declining 35% year-to-date. But strong long-term support around the $180 to $190 zone should stabilize losses barring any macro shock events. For traders and investors, periods of rangebound price action and consolidation for Binance Coin could present opportunities to accumulate at reduced prices before the next major crypto recovery rally. However, risks remain tilted to the downside until the economy and investor risk appetite improves. Competitive threats also loom large, with Ethereum clearly ahead in terms of overall network adoption and on-chain activity. But with its deflationary burn mechanism and increasing utility, Binance Coin remains one of the most interesting large-cap cryptocurrencies to monitor moving forward. The coming months will be pivotal in determining whether Binance Coin can reclaim its all-time highs or will continue lagging behind rivals in this bear market cycle.

總而言之，隨著 2022 年加密貨幣整體低迷，幣安幣面臨沉重的拋售壓力，BNB 年初至今已下跌 35%。但 180 美元至 190 美元區域附近的強勁長期支撐應該會穩定損失，除非發生任何宏觀衝擊事件。對於交易者和投資者來說，幣安幣的區間價格走勢和盤整期可能會提供在下一次加密貨幣重大復甦反彈之前以較低價格累積的機會。然而，在經濟和投資者風險偏好改善之前，風險仍傾向於下行。競爭威脅也日益凸顯，以太坊在整體網路採用率和鏈上活動方面明顯領先。但憑藉其通縮銷毀機制和不斷增加的實用性，幣安幣仍然是最值得關注的大盤加密貨幣之一。未來幾個月將是決定幣安幣能否重回歷史高點還是在熊市週期中繼續落後於競爭對手的關鍵。