New buyers are entering the Binance Coin market, indicating signs of accumulation. Contrarily, long-term holders have not significantly cashed out their investments.

Approximately 85.8% of BNB addresses are currently in profit, showcasing a strong market position and reflecting investor confidence.

Long-term metrics suggest that the market sentiment is cautious. Despite recent drops in profit-loss measures, there remains an opportunity for investors who believe in a continued upward cycle.