🔥 Market update: BNB is down 1.36% today, funds are quietly 'running away'
Current BNB quote is 814 USDT, with a daily high of 827.59 (close to the previous high), but it suddenly plummeted, once dropping to 792, with a fluctuation of over 4%! What's more heartbreaking is: net fund inflow of -6.6852 million USD, a sign of declining volume indicating hidden risks...
📊 Technical analysis: The opening of the Bollinger Bands hides a 'script'
① 4-hour level (mid-term trend):
The middle band of the Bollinger Bands at 805.28 serves as a 'life and death support'! Currently, the price is still above the middle band. If it holds, the bulls are expected to attack the upper band at 818.67, or even challenge the previous high of 827; once it breaks below the middle band, the lower band at 791.89 will become the 'bottom line'.
② 1-hour level (short-term fluctuations):
The middle band of the Bollinger Bands at 806.78 has just been tested! The morning session violently rebounded from 792, and the current price of 814 has returned above the middle band, but the volume has not fully kept up (trading volume 2.29 billion). If the subsequent volume is insufficient, it may face further short selling, retesting the lower band at 796.21.
💡 Key variables: These two signals determine the direction!
1. Fund movement: Major buy orders of 8.1487 million USD, seeming to protect the market, but net inflow is negative, indicating a 'pull and exit' strategy? Be wary of false signals.
2. Market linkage: The trends of BTC and ETH are the 'barometer'! If mainstream coins collectively correct, BNB will be hard to stand alone; if the market stabilizes, BNB may break through the previous high.
⚠️ Trend prediction: Two extreme scenarios
✅ Optimists: Holding the 4-hour middle band at 805, and BTC driving the market rebound → Aiming for 818 (4-hour upper band) → Breaking 827 opens new space.
❌ Pessimists: If it breaks below 805 and funds continue to flee → it will test 792 (or even the 790 mark), falling into range oscillation.
🔍 Hidden dark line: The fundamental influence of Binance
As a platform coin, Binance's business dynamics and policy risks are long-term variables:
Does Binance have any IEO or burn plans recently? (Bullish expectations)
Is regulatory pressure tightening? (Bearish impact)
Final reminder:
The crypto market fluctuates like a 'roller coaster', don't be swayed by daily ups and downs! If you're speculating short-term:
Bulls: Buy low in the range of 805-810, stop loss below 790;
Shorts: Lightly short near 818-820, stop loss above 828.
(The above is only technical analysis and does not constitute investment advice! The market changes rapidly, risk control is always the top priority 🔒)$BNB
