The Truth Behind BNB's Plunge Exposed: Russia's Legalization + Trump's Tariffs Double Impact, $834 Support Becomes the Lifeline!
1. News: Global Policy 'Gods Fighting', BNB Caught in the Crossfire!
Russian Legalization Surprise:
The fighting nation suddenly announced the allowance of cryptocurrency trading. On the surface, this seems positive, but hidden behind it is a 'killing move' — requiring stablecoins to be backed 100% by USD, unauthorized projects will be directly 'finished'! The market fears that BNB, as the Binance Chain token, might be 'collaterally damaged' by regulation, leading to a mass exodus of funds.
Trump's Tariffs Add Fuel to the Fire:
The U.S. imposes a 50% tariff on EU machinery and South Korean batteries, causing a 'shock' to the global supply chain! Bitcoin ETF saw a single-day outflow of $196 million, and BNB, as the 'leading altcoin', was directly 'abandoned' by mainstream funds, leading to a cascading drop!
AI Scams Add Insult to Injury:
Hackers used AI to generate 'fake wallet plugins', stealing $1 million! Retail investors are now wary of AI; even mainstream coins like BNB are questioned for their security, leading to panic selling.
2. Technical Analysis: $834 Becomes the 'Lifeline', Watch for These Two Signals!
Key Level 'Close Combat':
Support Level $834: After last night's plunge, BNB managed to 'stop the drop' at $834, where it coincides with the previous low + MA50 moving average, indicating a potential short-term rebound!
Resistance Level $850-$857: If it rebounds to this level, we need to see if it can break out with volume; otherwise, it may be just a 'flash in the pan'. Indicator 'Hides Secrets':
RSI=60.57: Neutral area, not in oversold territory, indicating 'no further drop' but also 'no upward movement'.
MACD Death Cross: Histogram continues to lengthen, indicating strong bearish momentum, but note — if a bullish candle closes today, it may form a 'bottom divergence'! Trading Volume 'Reveals the Truth':
During last night's plunge, trading volume was actually lower than the previous hours! This indicates that 'active selling' is low, more of a 'panic liquidation', and the main force may be quietly accumulating.
3. How Will the Market Move? Two Scenarios!
Optimistic Scenario:
If BNB holds above $834 today and closes with a bullish candle, it may rebound to $850-$857!
Pessimistic Scenario:
If it breaks below $834, then directly watch for $796! Risk Point: U.S. September rate cut expectation probability dropped from 98% to 15%
Light Positioning for Rebound: Small position testing near $834, with a stop-loss set at $825
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