Market Brief｜BTC above the window average price, but BNB deviates more
Both BTC and BNB are trading above their respective 24-hour rolling weighted average prices. At 20:32 Beijing time, over the past 24 hours, BTC is up by about 1.05%, while BNB is up by about 1.61%. BNB is higher by roughly 0.57 percentage points. Today’s specific difference is that, although BTC is above the average price, its deviation is smaller than BNB’s. The benchmarks used for average-price deviation and 24-hour gains/losses are different, so they cannot be directly substituted for one another. For now, prioritize observing whether the distance between each asset and its own average price is converging. Next, we will verify whether BTC and BNB are still above their respective average prices and whether the deviation ranking has changed.
Both BTC and BNB are trading above their respective 24-hour rolling weighted average prices. At 20:32 Beijing time, over the past 24 hours, BTC is up by about 1.05%, while BNB is up by about 1.61%. BNB is higher by roughly 0.57 percentage points. Today’s specific difference is that, although BTC is above the average price, its deviation is smaller than BNB’s. The benchmarks used for average-price deviation and 24-hour gains/losses are different, so they cannot be directly substituted for one another. For now, prioritize observing whether the distance between each asset and its own average price is converging. Next, we will verify whether BTC and BNB are still above their respective average prices and whether the deviation ranking has changed.