According to @cas_abbe, BNB has negatively diverged from BTC over the past 30 days, with BTC down about 6%, BNB up about 10%, and a -0.27 correlation (source: @cas_abbe on X, Sep 12, 2025). The author cites a 19% increase in Binance ERC-20 stablecoin reserves from $32B in August to $38B now as idle liquidity that often rotates into majors when volatility picks up (source: @cas_abbe on X, Sep 12, 2025). The author also notes BNB’s ongoing quarterly auto burns, arguing that rising reserves plus supply reduction create a favorable supply-demand setup into Q4, which the author states is historically strong for crypto markets (source: @cas_abbe on X, Sep 12, 2025). Key trading watch points per the author are the BNB/BTC pair, the trend in Binance stablecoin reserves, and BNB’s quarterly burn schedule into Q4 (source: @cas_abbe on X, Sep 12, 2025).