The dog farm is busy painting the door, and retail investors are in a panic! A bucket of cold water is poured down, does BNB want to 'fly' today? First, let's ask the 'gatekeeper' at 840 if he agrees!
BNB is currently stuck at 833, unable to go up or down, it's just a 'sandwich'! Above, 840 has a 'key gatekeeper', and further up at 848, 860 is a 'copper wall and iron bastion'. Want to break through? Difficult!
Below 824 is the 'first moat', if it breaks, 815 is the 'last stubbornness'. The moving averages are all twisted together (yellow and purple lines entangled), and the trading volume is half-dead, a typical 'garbage time'—both bulls and bears are playing 'tug of war' here, neither side has the strength to pin the other down.
Having been in the crypto circle for these years, I've seen this kind of 'technical oscillation' situation many times!
The main force loves to 'paint the door' at times like this, jumping around, specifically treating various 'itchy hands' of retail investors. Looking back at last month's ETH fake breakout, how many people rushed in and ended up hanging on the mountaintop to enjoy the wind?
Today for BNB, I think it will likely continue to play 'back and forth' in the 'box' between 840 and 824!
Want a big rise? Unless a huge amount of funds hard push through 840 and hold! Going down? If it breaks 824, we need to be alert, if it heads to 815, the short-term trend will really weaken.
So, my friends! The script for BNB today is that 'oscillation washing' is the main theme, and 'watch more, move less' is the lifeline! Keep a close eye on the two 'critical points' at 840 and 824, think about moving only if one side breaks, the middle position? It's safest to drink tea and watch the show!
Don't forget to set a stop-loss, don't let the dog farm treat you as 'leek filling' in dumplings!
But you might ask, is there really no opportunity in this market? Not at all! How to eat the 'first bite' of breaking the key point?
How to interpret the unusual movements of the main force's orders?
What are the little tricks to 'steal a chicken' in a fluctuating market?
Want to escape the fate of being 'painted door', want to catch that fleeting opportunity? Follow me, 关注缠敛主页简洁介绍, I'll take you into the circle, let's 'dance on the tip of the knife' of the dog farm together, turning the oscillating market into a 'cash machine'! Are you going to continue being an 'audience', or go down to be a 'hunter'? Have you made your choice?