The expectation of an interest rate cut by the Fed has ignited the market, and global markets are responding enthusiastically, bringing strong benefits to cryptocurrencies.

The current trend of BNB can be described as a "sandwich cookie": the price is repeatedly oscillating around 890 dollars, with the upward pressure at the 902 dollar mark being suppressed by the moving averages like a "net," while the critical support at 870 dollars is repeatedly propped up by buying pressure. The hourly candlesticks alternate between red and green, resembling both sides "wrestling"—the bears are trying to apply pressure near 890 dollars, while the bulls are holding firm at 870 dollars, with neither side gaining an advantage.

Technical aspect:
Moving Average System: There is a double pressure point near the 902 dollar mark where the MA20 and MA60 converge, and each time the price touches it, it feels like hitting an "invisible ceiling"; below, 833 dollars is supported by the MA120, where there have been 7 rebounds out of 8 historical tests, making it a "strong bottom."
RSI Indicator: The RSI for all three periods is "lying flat" between 57-62, neither breaking into the overbought zone above 70 nor falling into the oversold zone below 30, indicating that market sentiment is "lukewarm," and large funds are "holding their positions."
Trading Volume: The turnover rate in the last hour is only 2.3%, compared to ETH's explosive volume of 81,000 coins, making BNB appear "scarily calm," with retail investors playing "high selling and low buying," while institutions are "watching from the sidelines."

News aspect: Expectations of an interest rate cut have ignited the market.
Powell clearly stated that inflation is approaching the 2% target, the labor market is cooling, and the probability of a 25 basis point cut in September is 91.1%.

The expectation of liquidity easing is driving funds into high-risk assets, with BNB following suit but with weaker gains compared to mainstream coins like Ethereum.

Long Ge's viewpoint:

This wave of "dawdling" in BNB's market is essentially a product of "news vacuum + technical standoff." Powell's dovish remarks, while positive for risk assets, mean that BNB, as a platform coin, relies more on Binance's own "internal drive"—such as new project launches, staking yield adjustments, or CZ's "amazing moves." Currently, the technical aspect shows that the 902 dollar mark is not only a psychological barrier but also a "value verification point" after the BNB ecosystem expansion in 2025. A breakthrough here requires a "triple resonance of timing, location, and people."

There are two factions in the operational strategy:

Conservatives: Wait for the "trend reversal signal" before acting—if there is a volume breakout above 902 dollars and it holds for an hour, you can follow the trend and target 930 dollars; if it falls below 833 dollars and closes below, then follow up with a short position, targeting 800 dollars.

Radicals: "Light positions to test" near 870 dollars—long positions should have a stop loss at 860 dollars, while short positions should have a stop loss at 880 dollars, using "small stop losses to catch larger fluctuations," but remember to "take profits when possible."

Is this wave of BNB a "power buildup" or will it inevitably decline after a long period? Do you favor bulls or bears?


If you're still in a position, don't worry, the wind is coming soon. Follow Long Ge to help you navigate the market.