$BNB — Emotions are high but momentum is diverging; bulls should not be greedy
The emotional anomaly radar has detected this; let's discuss the current market situation.
Structural Aspect:
Short-term cycles are repeatedly peaking, approaching previous highs, with very strong emotions.
However, the 3-hour chart has not yet confirmed a new high breakout; it is merely a pullback to a strong resistance area.
Momentum Aspect:
RSI and OBV are continuously diverging, and buying pressure has not effectively followed, showing signs of a disconnect between structure and momentum.
Data Aspect:
The long-short ratio is relatively neutral (around 1.0), but the liquidation data shows that short positions have suffered huge losses, indicating 'emotional longs' rather than 'trend longs'.
The increase in open interest is weak, suggesting that the main players are not continuously increasing their positions.
⚠️ Recommendation: It is not advisable to chase BNB at high prices; those who are already long can gradually reduce their positions, while shorts should wait for a spike to 675~678 before considering entry.