1. The impact of the new issuance activity on the short-term market
Today, the rebound of BNB is mainly driven by the new issuance activity starting tomorrow morning. Market funds are preemptively positioning themselves to push up prices, but it should be noted: after the staking for new issuance starts (tomorrow morning), short-term buying may weaken, and the price may face downward pressure, so it is not recommended to chase long positions.
2. Key points and trend projections for the night
1. Bullish defense level: 593.9
- Technical significance: 593.9 is the middle band support level of the 1-hour Bollinger band and is also the 0.382 Fibonacci retracement level of the recent upward trend.
- Trend judgment:
- Stabilize the upward trend: If the 1-hour closing remains above 593.9, the market may continue to rebound, with resistance levels at 600.1 (round number) → 605.5 (previous high connection) → 610 (upper Bollinger band on the daily chart).
- Break and pullback: If it falls below 593.9, the 1-hour level will weaken, possibly probing 590.3 (lower Bollinger band) → 587.6 (recent lows) → 583 (4-hour 200 moving average).
3. Suggestions for operational strategies
1. Long position strategy (not breaking below 593.9)
- Entry conditions: Price stabilizes near 593.9 (e.g., a bullish candlestick rebound), take a small long position, target 600.1, 605.5, stop loss below 590.
- Risk warning: After the new issuance benefits are realized, be wary of a pullback after a rise. It is recommended to take profits in batches in the 600.1-605.5 range to avoid holding positions overnight.
2. Short position strategy (break below 593.9)
- Entry conditions: After effectively breaking below 593.9, short on a rebound to the 595-596 range, target 587.6, 583, stop loss above 598.
- Notes: If it falls below 583, further downside may be seen below 580, but pay attention to market sentiment before the new issuance to avoid being overly bearish.
4. Key risk control points before and after the new issuance
1. Risk of benefits being realized: The new issuance activity is a short-term benefit, and once staking begins, funds may withdraw from BNB, leading to a price pullback. It is recommended to avoid holding positions during the new issuance node tonight.
2. Position management: Single trade position ≤10%, to avoid losses due to early market exhaustion from the benefits.
3. Time window: Focus on price fluctuations before and after the new issuance staking starts tomorrow morning (9:00-10:00). If there are sharp rises and falls, decisive take profit and stop loss actions are required.
Summary: Today's BNB rebound is driven by the new issuance, but the risk of chasing upward is high. Nighttime operations use 593.9 as the boundary between long and short; if it stabilizes above, take a small position to bet on a rebound, if it breaks down, follow the trend to look for a pullback. At the same time, be wary of the pullback pressure after the new issuance benefits are realized, prioritizing position control and risk management.$BNB #BNB走势