Family, this BNB thing is starting to trick us again!
In the morning trading, BNB's price jumped like an elderly disco, the range between 685-689 dollars is so narrow that you can play the “statue game,” the Bollinger Bands are about to kiss, and the market makers are probably controlling the market with a microscope? This low-volume sideways movement is making people yawn, but don’t fall asleep! In the afternoon session, there might be a “roller coaster scare” — either going up to count stars on the rooftop or having a blast at the club with the young models!
1. Good news is a sugar-coated pill; retail investors are cannon fodder.
Old Trump shouted last night, “America should be the leader in the crypto world,” and the CFTC has come to deliver love letters to perpetual contracts. BNB briefly surged to 692 dollars, only to be slammed back down by a wall of 2000 sell orders — the old retail investors were counting their money and sneering: “Good news? Just a rag handed out by the market makers!” Now it all depends on whether Binance Alpha's fee reduction can help small coins fly; otherwise, BNB could easily turn into a “funding orphan,” with nowhere to cry!
2. The whales are showing their knives, and BNB is trembling.
On-chain monitoring shows that the four major whales have hoarded 1.188 billion dollars' worth of long BTC positions on Hyperliquid, with the liquidation price stuck at 104,000 dollars — if this breaks down, BNB might be flipped over by the shockwave of cascading liquidations! The weekly MA30 at 682 dollars is the last line of defense; if it fails, algorithmic bots might kick off a “market crash frenzy,” and the abyss at 675 dollars is waiting for you to jump in!
3. Retail survival guide
Grid trading enthusiasts: Jumping back and forth between 682-689 dollars, thinking of chasing up if it breaks through 692 dollars? First, ask yourself if your heart can handle it!
Spot traders: Keep 30% of your holdings on the sidelines; perpetual contracts will be available at 14:30 SOON, be careful not to get bitten by the vampires!
Contract gamblers: Stay away from the “spike zone” at 689-691 dollars; the market makers love to play “Russian dolls” here. Five-minute RSI overbought? Just reverse and go short, and go against the market maker!
Finally, a soul-searching question
The battle between bulls and bears is about to break out. Do you want to be the “frontline soldier on the rooftop” or the “bottom-fishing expert”? Feel free to leave your thoughts in the comments!
Opportunities and risks coexist in the crypto world, staying vigilant and seizing the right moment is key. I’ve also discovered a short-term skyrocketing project with huge doubling potential! Want to know more? Comment below!
