BNB (Binance Coin) has recently performed strongly, even setting a new historical high. The current price fluctuates between **990 dollars and 1000 dollars**, at a critical technical node. Let me analyze the key long and short operation points for you.

📊 Current Key Market Position

According to search results, several important price points that the market is generally focused on are:

*Important Resistance Level**：**1000-1005 dollars** and 1014 dollars. Especially the 1000-1005 dollar area, which is both a psychological barrier and a previous breakout point, currently transformed into important resistance.

*Important Support Level**：

*$980**: Recent low, the first key support.

*$955**: Previous breakout point, providing secondary support.

*$940-930**: A lower support area, coinciding with the daily EMA20 (920-930) and the 4-hour level 55, 200, 365 EMA creates a strong support cluster.

*$900**: Near the daily SMA20, is a key psychological and technical support.

*$840-845**: A stronger support area.

🧭 Current market bullish and bearish views

BNB is near its historical high, with significant market divergence:

*Main reasons for bullish view**:

*Technical momentum is strong**: BNB is trading above all major moving averages, with the 50-day SMA ($855.69) significantly above the 200-day SMA ($697.10), maintaining a 'golden cross' pattern, and the MACD indicator also shows **bullish momentum**.

*Ecosystem development and deflation model**: The thriving ecosystem of BNB Chain (TVL reached a 3.5-year high of $7.75 billion), along with the ongoing deflationary destruction mechanism (over 60 million BNB destroyed since 2025), supports the coin price from a **fundamental perspective**.

*Institutional interest and macro environment**: Cooperation with traditional financial institutions like Franklin Templeton has boosted market confidence, and macro factors like the Fed's interest rate cuts also **favor risk assets**.

*Derivatives market signals**: The open interest (OI) of futures has reached a historical high (about $1.98 billion), with **strong bullish sentiment**.

*Main reasons for bearish view**:

*Technical indicators are overbought**: RSI as high as **73.61**, Stochastic indicators also show overbought (%K at 87.48, %D at 89.42), with a significant **risk of short-term correction**.

*Historical high resistance**: $1000 is an important psychological and historical resistance level, with price repeatedly testing this area **and may face pressure**.

*Signs of divergence in volume and price**: Some analyses indicate that at the 1-hour level, after the price touched $997, **bullish momentum started to weaken**, and MACD showed a death cross signal.

🎯 Operation strategy reference

Based on the above information, near $990-1000, one can consider:

*Tendency to go long (low long)**:

*Ideal entry**: Wait for the price to **pull back to near the support level** to consider gradual entry, for example, in the **$955-980** area, or the stronger support band of **$940-930**.

*Stop-loss setting**: Reference **below $920**, or set according to position situation below **$900**.

*Target looks towards**: **$1000-1005** area; if strongly broken, can look up to **$1100-1200**.

*Tendency to go short (high short)**:

*Ideal entry**: Consider light shorting when the rebound **approaches the resistance area of $1000-1005**.

*Stop-loss setting**: Strictly set above **$1010**, or above $1014.

*Target looks towards**: **$980**; if it breaks down, it can go down to **$955** or even **$930**.

*Prudent approach**:

*Wait for a clear breakout in direction**: Closely monitor whether it is an **effective breakout above $1014** (looking towards 1100-1200) or an **effective breakdown below 980 or even 955** (looking towards 930-900), then act accordingly.

Bullish | Support Zone: 955-980 | After stabilizing in this area, gradually go long | Below 920 | 1000-1005 → 1100-1200 |

| | Support Zone: 930-940 | After stabilizing in this area, go long | Below 900 | 1000-1005 → 1100-1200 |

| Bearish | Resistance Zone: 1000-1005 | After a rebound in this area, short with light positions | Above 1010 | 980 → 955 → 930 |

⚠️ Important risk warning

1. Strict stop-loss: BNB is at historical highs, with significant volatility, **must set a stop-loss** and strictly execute it.

2. Position management: **Avoid heavy positions**, especially when trading against the trend, light positions for testing are advisable.

3. Pay attention to overall market sentiment: BNB's movements are **highly correlated** with Bitcoin (BTC) and overall cryptocurrency market sentiment, so closely monitor BTC's movements.

4. Pay attention to fundamental news: Any regulatory dynamics related to Binance, major ecosystem updates, or cooperation news may cause significant price fluctuations.

5. Pay attention to timeliness: The above analysis is based on market information around September 18-19, 2025. The market changes rapidly, please refer to the latest conditions.

💡 Summary and suggestions

Near historical highs, BNB **short-term technicals are overbought, with correction pressure**, but **the medium to long-term fundamentals are strong, with the trend still leaning towards bullish**.

For *short-term traders**, consider light shorting in the 1000-1005 resistance zone (strict stop-loss), targeting the lower support; or wait for a pullback to stabilize in the 955-980 or 930-940 support zone to go long.

For *medium to long-term investors**, if optimistic about the long-term development of the BNB ecosystem, it may be more suitable to gradually position when a significant price correction occurs (such as in the 930-950 range).

Remember this: The market is always uncertain, managing risk is always more important than pursuing profit.

I hope this information helps you make a more informed decision. Please note that all the above analyses and suggestions are for reference only and do not constitute any investment advice.