Dovish signals! The hidden mystery behind BNB's surge, the technical aspects reveal key signals!!!

Federal Reserve Chairman Powell released a 'dovish' signal at the Jackson Hole meeting, announcing the start of an interest rate cut cycle, stating, 'Now is the time to adjust policies.'

The market reacted quickly, with cryptocurrencies collectively soaring, and BNB surged to $900, but the technical indicators suggest caution in the short term.

News: Interest rate cut expectations ignite the market

Powell made it clear that inflation is close to the 2% target, the labor market is cooling, and the probability of a 25 basis point rate cut in September is 89.1%.

Expectations for liquidity easing are driving funds into high-risk assets, with BNB following the upward trend, though its gains are weaker than mainstream currencies like Ethereum.

Technical aspects: Three signals reveal risks

Liquidation zone: $870-$930 becomes the 'line of life and death'

The heat map shows multiple large-scale liquidation lines in this range, with $930-$938 as key resistance levels. If the breakout fails, it may trigger a chain liquidation leading to a price drop.

Bull-bear game: Bullish momentum wanes

The MACD indicator shows a weakening of bullish momentum, KDJ is neutral, and the last K-line closed bearish, indicating insufficient upward momentum.

Support level: $855 as the 'lifeline'

If there is a pullback, $870 is the initial support, and breaking below may lead to a dip to $855.

Advice and risks: Caution in the short term, wait and see in the long term

Aggressive investors: Enter long positions near $865 on a pullback with a stop loss at $819, targeting $890-$920.

Conservative investors: Wait for a breakout above $910 before entering the market to avoid 'false breakout' traps.

There are internal disagreements within the Federal Reserve regarding interest rate cuts; if September's policy does not meet expectations, BNB may pull back. The technical aspects show that the current state is tense, and caution is advised for potential sentiment reversals.

Tap the avatar to follow Tege!! Don’t miss any updates on first-hand information! Let’s feast together! #BNB创新高 #杰克逊霍尔会议 #比特币巨鲸换仓以太坊