[Yingbei Trend Quantitative BNB Analysis Strategy on July 10]

[News Analysis]

Binance will celebrate its anniversary on July 14, and anniversary-related activities may bring benefits to BNB;

CZ is expected to return in August or September, and this news may further boost market confidence;

According to the previous rhythm, Binance will basically have 1-2 new projects every month, and the first new project in July is expected to be launched in mid-month.

[K-line trend pattern analysis]

The recent price fluctuations have been large, and there have been many K-lines with long upper and lower shadows, indicating that market sentiment is unstable.

On July 6 and 7, 2024, there were large positive and negative lines, respectively, and the daily line fluctuated widely.

1. Technical indicators:

MACD: Both DIF and DEA are below the zero axis, and the macd histogram is negative. The current daily and weekly lines are in a bear market, but the daily bear market has weakened signs.

BOLL: The Bollinger indicator 4-hour closing K-line runs between the middle track and the upper track. The daily K-line breaks the lower track and returns to the upper track. The retracement to the lower track of the daily line will form support.

MA: MA7 (511.08) is lower than MA30 (569.65) and higher than MA180 (509.61). The medium-term trend is short-term, and the rebound daily and weekly lines will form effective suppression.

2. Trading volume:

On July 5, 2024, the trading volume reached 992708, the highest in recent times. The trading volume gradually decreased in the following days, indicating a decline in market activity. The trading volume has been relatively stable in recent days, with no obvious increase or decrease in volume.

【Buy and sell points】

Buy point 1: 497 (3-day Bollinger lower rail support) break and wait for the next position;

Buy point 2: 490.1 (4-hour Bollinger lower rail support);

Buy point 3: 482.7 (4-hour SAR support and 8-hour Bollinger lower rail);

Buy point 4: 471 (12-hour Bollinger lower rail support).

Buy stop loss point 469, weekly Bollinger lower rail support point.

Sell point 1: 530-533 (recent highs), sell point 2 549-550 (daily SAR pressure and EMA120-day pressure)

Short stop loss point 555-558 (slightly higher than the previous high of 556.7 to prevent false breakthroughs) #BNB金鏟子 #币安7周年 $BNB