Stablecoin

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Spot

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<p><strong>Key Insights:</strong></p>
<ul>
 <li>BNB remains stable near $1,060 as traders await a breakout toward the $1,140 resistance.</li>
 <li>Binance stablecoin reserves surge $12.6B, signaling traders’ cautious shift into stable assets.</li>
 <li>Following the liquidation, traders are increasingly favoring spot markets, as Binance's daily BTC volumes reach $ 10 billion.</li>
</ul>
<figure class="wp-block-image aligncenter size-full"><img src="https://coincu.com/wp-content/uploads/2025/10/Frame-3-12.jpg" alt="">
 <figcaption><em>BNB Holds Above 1,060 Support as Traders Watch for Breakout Toward 1,140 Recovery</em>
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</figure>
<p><a href="https://coincu.com/blockchain/bnb-chain-prediction-market-oracle/" rel="noopener noreferrer nofollow">Binance Coin</a> ($BNB) is holding above the $1,060 support level as traders monitor signs of a potential rebound. Market attention remains focused on whether the token can break above its near-term resistance zone and move toward recovery.</p>
<h2 class="wp-block-heading" id="bnb-maintains-stability-near-key-support-zone">BNB Maintains Stability Near Key Support Zone</h2>
<p>Crypto market analyst <a href="https://x.com/bl_ockchain/status/1980640916000964981" rel="noopener noreferrer nofollow">BlockchainBaller</a> stated that $BNB is stabilizing around the $1,060 support zone after a recent decline. The analyst noted that buying interest has increased at this level, suggesting that a move toward the $1,140 area may be possible if the price breaks above $1,107–$1,120.</p>
<figure class="wp-block-image aligncenter size-full"><img src="https://coincu.com/wp-content/uploads/2025/10/image-412.png" alt="">
 <figcaption><em>Possible Breakout | Source: X</em>
 </figcaption>
</figure>
<p>This zone is now viewed as a technical area of consolidation where traders are waiting for a clear signal. If $BNB closes above the resistance range, it could indicate renewed short-term momentum. However, the analyst emphasized that the move remains dependent on broader market strength and investor sentiment.</p>
<h2 class="wp-block-heading" id="rising-stablecoin-reserves-on-binance-and-bnb-price">Rising Stablecoin Reserves on Binance and BNB Price</h2>
<p>However, <a href="https://x.com/ali_charts/status/1980842043988668874" rel="noopener noreferrer nofollow">Binance stablecoin</a> reserves increased from $32 billion to $44.60 billion over a two-month period. The increase of $12.6 billion shows that traders may be moving from volatile assets into stablecoins. According to Ali, investors are shifting from crypto to stablecoins, suggesting a more cautious approach.</p>
<figure class="wp-block-image aligncenter size-large"><img src="https://coincu.com/wp-content/uploads/2025/10/image-413-1024x564.png" alt="">
 <figcaption><em>Binance Stablecoin | Source: X</em>
 </figcaption>
</figure>
<p>The trend indicates that many market participants are choosing to preserve capital and reduce exposure to volatility while awaiting market direction. As of today, $BNB trades at $1,071.01 with a 24-hour trading volume of $4.04 billion, showing a slight 0.31% decline.</p>
<h2 class="wp-block-heading" id="shift-toward-spot-market-after-october-10-liquidation-event">Shift Toward Spot Market After October 10 Liquidation Event</h2>
<p>Following the significant liquidation event on October 10, many traders have shifted focus toward spot trading. The event led to extensive forced liquidations in leveraged positions across major exchanges, causing a wave of losses and increased caution among investors.</p>
<figure class="wp-block-image aligncenter size-large"><img src="https://coincu.com/wp-content/uploads/2025/10/image-415-1024x572.png" alt="">
 <figcaption><em>Binance Spot | Source: <a href="https://cryptoquant.com/insights/quicktake/68f7f205a8127973f83dca2b-Spot-market-resurgence-after-the-October-10-event-Traders-return-to-fundamentals?utm_source=twitter&amp;utm_medium=sns&amp;utm_campaign=quicktake&amp;utm_content=Darkfost" rel="noopener noreferrer nofollow">CryptoQuant</a></em>
 </figcaption>
</figure>
<p>Binance has continued to dominate spot market activity, recording a cumulative of $180 trillion in BTC spot trading volume. Daily Bitcoin spot volumes have grown from $3–$5 billion in early September to $5–$10 billion since October 10. This rise reflects stronger participation in spot trading and a preference for lower-risk strategies.</p>
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    <td><em><strong>DISCLAIMER</strong>:&nbsp;The information on<a href="https://coincu.com/" rel="noopener noreferrer nofollow">&nbsp;this website</a>&nbsp;is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.</em></td>
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</figure> <a href="https://coincu.com/?p=370569" rel="noopener noreferrer nofollow">Read original article on coincu.com</a>

BNB Holds Above 1,060 Support as Traders Watch for Breakout Toward 1,140 Recovery

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