$BNB ｜August 24 9 AM Market Professional Commentary
As of 09:00, BNB based on Binance is reported at $883.96
The approximate 24-hour range is $842 to $899, with a trading volume of about $2.4 to $2.8 billion, and a market capitalization of about $123 billion, characterized by high-level narrow fluctuations.
Comparing to last night's perspective: we provided 'observation points at 875 and 870, and breakout range at 885 to 900'. The current price is still oscillating below 885, matching the rhythm but has not effectively stood above 900.
Multi-dimensional support
Policy aspect: At Jackson Hole, Powell released a signal of 'possibly lowering interest rates in September, but proceeding cautiously', boosting risk appetite but still dependent on subsequent employment and inflation data.
Project aspect: The 32nd quarterly burn was completed in July, with approximately 1,595,599.78 BNB permanently destroyed, and the Auto-Burn mechanism continues to reduce supply.
Technical aspect: After several days of upward attacks, it has turned into a squeezing sideways trend at the upper edge, with volume determining direction.
Key levels and rhythm
Upward: 885 and 890 are the re-launch trigger areas, stabilizing with increased volume can test 900 and 910;
Downward: 875 is the strong-weak dividing line, breaking below looks at the ladder support from 870 to 862.
Operational suggestions
Conservative: Confirm one of the two before taking action—① Rebound at 875 to 870 stabilizing and volume increasing; ② 1-hour volume closing above 890 and 900 following the trend; corresponding risk control set below 870 and 885.
Aggressive: Light positions below 885 to try long, do not add without volume; if volume surpasses 890 and 900, then increase positions, failure means retracting to test the original position. Before macro events settle, prioritizing position and stop-loss, preventing false breakouts/fake breakdowns.
Leave the win rate to data and discipline—focus on TradeyAI, with real-time synchronization of entry and exit points and risk control levels.
