Brother Yang Talks About the Crypto Market: A Major Reveal of BNB's Short-Term Trends

Family, today Brother Yang is here to analyze the short-term market trends of BNB for everyone! The market has been fluctuating constantly lately, and BNB's performance has also attracted a lot of attention.

From a technical perspective, the current key support range for BNB is between $780 and $776, which is an important defense line. If it can hold, it is expected to stabilize the situation. The resistance area above is between $800 and $813, and if it can break through this level, it might start a new round of upward momentum, but currently, it looks challenging.

Now let's talk about the long and short signals. The on-chain capital flow is somewhat unpredictable, with no significant increase in daily trading volume, and the price rise lacks volume support, which also reflects the strong wait-and-see sentiment in the market. The Fear and Greed Index shows a score of 64 (Greed), but technically it is in a neutral state, with increasing divergence between long and short positions.

External factors cannot be ignored either. The performance of the U.S. stock market has a considerable impact on the cryptocurrency market. If the U.S. stock market continues to strengthen, it may drive BNB upwards; conversely, if the U.S. stock market weakens, BNB may also be dragged down. Additionally, regulatory dynamics remain the sword of Damocles hanging over the crypto space. Once new regulatory policies are introduced, the price trend of BNB will also be affected.

Brother Yang's operational guideline for everyone is: consider going short when it pulls back to around $790 to $796, with the first target looking towards $781 and further at around $773. However, given the market volatility, operations must be cautious, and always manage your stop-loss and take-profit! The above analysis is for reference only; investment carries risks, and please be cautious when entering the market! #BNB