MACD bars turn red today, a meat-grinding between bulls and bears— BNB is stuck on the knife edge at 642, are you betting on a rebound fuel or a guillotine?
Brothers, the 642 position you are closely watching staged a good show this morning! The K-line is oscillating between 636.69-659.62, but the current sticky trend at 642.38 hides a deadly trap.
The real spoiler of the main script is MACD: DIF: -0.64 still shows weakness below the zero axis; DEA is actually -0.21; MACD bars quietly turned red to +0.21 → This is a smokescreen of bear momentum exhaustion!
Last night's two news items led the dog traders to find the slaughterhouse: Binance launched $PORTAL mining but met with a cold response, BNB staking volume only increased by 8%, whale selling pressure above 650 smashed the false breakout at 648.5 into a graveyard for bulls;
The SEC's delay in the ETF decision, although it caused the market to crash, saw BNB suddenly appear with three orders of ten thousand at 636.69, the main force's support tricks were already exposed by the MACD red bars— they are cultivating the retail investors' bearish faith!
Here's a reverse harvesting case: Last week when BTC spiked, when the exchange's short positions exceeded 75%, the main force flipped the market up 15% and liquidated $380 million. At this moment, BNB's chart is cycling the same script:
Creating the illusion of a breakout at 648.5 → Triggering sell-off to hit the 642 stop-loss orders → The current accumulation of retail short positions at 641-642 → Just what the dog traders love as 'explosive fuel'!
Today's three life-and-death signals:
Volume-price divergence is the charge signal: If it breaks below 640 with shrinking volume, close your eyes and bottom-fish for a $5 rebound;
The burning card must hit hard: If CZ tweets about Q1 destruction (up 40% year-on-year last month), the pressure level of 650 will instantly turn into support;
Breaking 636.69 means unconditional withdrawal— this level is the daily neckline, breaking it will trigger an avalanche of the 630 options wall!
When all the KOLs on the internet shout 'short below 642', do you really think the dog traders will drive the money truck to give money to retail investors? If the US stock market's crypto sector moves tonight, will BNB become the ignition point for a massive short squeeze? Share your positions in the comments! Want to delve deep into the crypto world but can't find direction? Want to quickly master the information gap? Follow us! Real-time sharing of first-hand information and in-depth analysis, precise trading point reminders, grasping crypto dynamics at the first moment!
