Friends, I am Zhiyao, a financial analyst who has been working in the cryptocurrency industry for many years. Today, let's talk about the market for BNB, especially the current trend of oscillating declines. Many fans ask me: "Zhiyao, will BNB break through the resistance level of 1148 today? Or will it drop to 1100 or even 1040?" Don't worry, I will analyze it in simple terms and share some trading insights to help you clarify your thoughts.

Current market analysis: Key points in the oscillating decline

From the one-hour candlestick chart, BNB is currently in a trend of oscillating decline. The upper resistance level is at 1148, which is a key position—if the market cannot break through here, the rebound may lack strength. What about the lower side? The key level is at 1100, with support at 1040. In fact, BNB has already broken below the short-term support of 1040, and it is now watching to see if it can hold this position. If it tests the 1148 resistance again today but does not break through, the market may rebound to the target support level near 1040; only by stabilizing here will the bearish sentiment weaken. If it breaks below 1040, the next target may be 1000!

In terms of technical indicators, the MACD white and yellow lines are still below the zero axis, but the golden cross trend is about to form — this indicates that bulls may be accumulating strength. The red bars turning to green bars, the yellow and white lines fluctuating greatly, and the RSI showing a balance between bullish and bearish, all indicate fierce competition between bulls and bears in the market. Combined with external news, such as the US stock market opening lower and the cryptocurrency concept stocks falling broadly, the external environment is not very friendly, but the cryptocurrency market often goes against the trend, and opportunities are hidden in the fluctuations.

Personal views and cases: How should retail investors respond?

As an analyst, I believe BNB may first test the 1148 resistance in the short term. If it cannot break through, it may pull back to around 1100 for consolidation. For example: last month, BNB repeatedly tested support at a similar position, resulting in a rebound that surged by 8%. But this time, if the 1040 support fails, the risk will increase. Retail investors, be careful not to blindly chase highs and sell lows!

I suggest: light positions and wait, until the direction is clear. For example, set a stop loss below 1040; if it rebounds to around 1148 and meets resistance, consider shorting; conversely, if a golden cross forms and volume increases, then follow up with long positions.

In terms of trading methods, remember "trend is king": in a volatile market, buying low and selling high is the way to go. But invest with spare money, don’t go all in! For example, I have a fan who gradually built a position when BNB dropped to 900 last year, and later sold it when it rose to 1300, making a big profit — the key is that he patiently waited for the signal.

Will the market reverse?

Here’s a foreshadowing: once the MACD golden cross is confirmed, it may trigger a rebound, but external news (such as US stock trends) could disrupt this. Zhiyue predicts that if 1148 is strongly broken through, the target may look towards 1200; otherwise, the risk of decline increases. Will it rise or fall? I will reveal this in subsequent articles, including how to capture buy and sell points using simple indicators.

Retail investor action guide: Follow Zhiyue, let's grow together.

Friends, the cryptocurrency market changes quickly, but by following Zhiyue, you can learn practical methods. If you find this article helpful, hurry up and follow Zhiyue! I will share market analysis and trading skills in the village every day, helping you avoid pitfalls and make money. Leave a message in the comments saying "BNB future market", and I will randomly select a few fans to answer questions!

In summary, today's BNB trend is critical, watch more and act less, wait for clear signals. Remember, investing is a long-distance race, and Zhiyue will help you stay steady! Follow me, in the next article we will talk about "How to use MACD golden cross to catch surging coins" — absolutely practical content, don't miss it!#bnb