1. Core Assessment of Short-term Trend
The key nodes of the BNB market trend during the night focus on the price level of 643.5. The closing conditions of the 2 - 4 hour level K-line at this price will become the core basis for judging whether this round of correction has ended.
Bullish Signal
If the 2 - 4 hour K-line can effectively stabilize above 643.5 and subsequently close above this price for two consecutive cycles, this means the correction trend is declared over, and bullish forces will regain market dominance, likely opening a new round of upward movement, with prices gradually approaching resistance levels.
Bearish Continuation Signal
Conversely, if the BNB price cannot stand above 643.5 at the 2 - 4 hour level, it indicates insufficient upward momentum, and bears still hold market dominance. The market is likely to continue the correction trend, entering a new downward phase.
2. Key Level Distribution and Strategy Reference
(1) Upward Pressure Level
1. First Resistance Level: 649.9
- Technical Features: This position is at the upper edge of the recent price fluctuation range, where a large number of trapped and profit-taking orders gather. When the BNB price rises to this point, dual selling pressure will directly hinder short-term gains, becoming the primary barrier for bulls to overcome.
2. Mid-term Pressure Level: 654.7
- Technical Features: Located in the overlap of the key moving average suppression zone and important Fibonacci resistance levels, this creates strong pressure on price upward movements. To achieve an effective breakthrough, not only sufficient buying funds are needed, but also the overall bullish sentiment in the market needs to align.
3. Trend Breakthrough Level: 660.4
- Technical Features: Once the BNB price successfully stabilizes at this point, it will confirm its entry into a new upward channel, and the subsequent upward space is expected to be significantly opened, indicating that a new round of strong upward momentum is about to arrive.
(2) Downward Support Level
If the 2 - 4 hour level cannot stabilize above 643.5, a new round of retracement is expected, with the following support levels:
1. Primary Support Level: 638.1
- Technical Features: Formed by the convergence of short-term moving averages, this provides support and is also an important psychological defense line that has been tested multiple times in the past. It can buffer the impact of bearish movements to some extent.
2. Secondary Support Level: 633.1
- Technical Features: As a strong support level built on previous price lows, if this level is lost, market panic may quickly spread, triggering larger-scale selling actions and accelerating the downward price movement.
3. Strong Support Level: 627.5
- Technical Features: This level is in the support area of converging moving averages across multiple periods, making it a key strategic position for both bulls and bears. The gains or losses here directly influence the subsequent medium- to long-term trend. If it breaks, it may trigger a significant correction.
3. Summary
The core of the BNB trend during the night lies in the long and short battle at this key level of 643.5. If the price can effectively stabilize above this position, bulls are expected to challenge the resistance range of 649.9 - 660.4; if it cannot stabilize, then caution is needed regarding the risk of price retracing to the area of 638.1 - 627.5, with volatile movements and uncertainties. It is advised to closely monitor the changes in the 2 - 4 hour K-line patterns, strictly implement stop-loss and take-profit strategies, and reasonably control positions.$BNB #BNB走势