Today's 4-hour K-line chart for BNB looks like a lit fuse—at the current price of $670, the 0.29% increase seems calm, but there are undercurrents. The bullish arrangement of MA7 and MA30 is like two swords piercing through the clouds, but the MACD histogram turning from negative to positive is a warning: this surge might just be a feint.
Technical Analysis: Bull Trap or the Eve of Takeoff?
From the market perspective, BNB has been consolidating in the $650-$670 range for 72 hours, with trading volume continuously increasing, and price and volume rising in sync, a typical sign of 'strong upward momentum.' But don't be fooled by appearances—Binance Chain just announced an upgrade to zero-fee transfers for stablecoins, which directly breaks through the last layer of the DeFi ecosystem. When technicals and fundamentals diverge, following the capital flow is the way to go.
Here's a real case: Last year, BNB surged 15% in a single day due to the launch of the 'no gas transfer' feature, and today’s upgrade covers all scenarios in CEX and DeFi, making the potential even greater. However, be cautious of the $670 resistance level; if it can't break through with volume, it might retest the $650 support level.
News: Institutional Frenzy and Retail Pain
Today's most surreal scene in the crypto market: Bitcoin breaks $118,000 to set a new historical high, but BNB only rises 3%. Behind this is the battle between institutions and retail investors—over the past six days, the US spot Bitcoin ETF has seen a net inflow of over $1.1 billion, while the quarterly burn of BNB is only 1.579 million coins. The deflation rate is stable, but far less than Bitcoin's halving effect. The absurdity of the crypto world is that what you can't understand as bad news might be a script for the main players to wash out.
Personal Opinion: BNB's burn mechanism is still the ultimate weapon. After this quarter's burn, the circulating supply continues to shrink, while ecosystem applications are burning coins wildly; a price surge is just a matter of time.
Unwinding Strategy: Licking Blood on the Edge of a Knife or Quietly Making a Fortune?
For brothers who are stuck, there are two scenarios:
Mildly stuck: Make a move in the $665-$670 range immediately, buy back if it falls below $660, and repeatedly trade the swings.
Severely stuck: Turn off the market software and check back in three months. The speed of expansion in the Binance ecosystem is enough to make you forget short-term fluctuations.
Tap the profile picture, follow me, and don't miss any updates on the latest news! Let's enjoy the bull market feast together!
