BNB Core Short Signal: Bollinger Upper Band + Major Player Sell-off, A Step-by-Step Guide to Catching the Drop
Looking at the 1-hour chart, BNB's current price is 775.74, with the Bollinger upper band firmly capping at 777.93—this 'topping at the Bollinger upper band' pattern is, in itself, a technical signal of short-term pressure (the rule of Bollinger Bands: upper band suppresses, lower band supports, and the probability of price retreating after touching the upper band is extremely high).
What's more concerning is the funding bomb: WEEX USDT perpetual major player has directly placed a sell order of $2.714 million! Large funds are actively selling, which is equivalent to showing their cards to the market—behind this surge, the major player is already preparing to cash out at a high position.
Shorting Logic Breakdown:
1. Technical Pressure: After the Bollinger Bands converge, the price surges, and the upper band forms strong resistance; if the price fails to break through, it will retreat (historical trends show that the win rate for a pullback near the Bollinger upper band exceeds 70%);
2. Funding Game: Large sell orders from major players = 'smart money' is bearish; once following funds withdraw, the market can easily collapse;
3. Rhythm Fit: Current increase of +1.72%, seemingly strong but actually approaching resistance, falls under the classic script of 'inducing buying followed by a sell-off'.
Operational Strategy (strictly execute!):
- Entry: Lightly short near the current price in the 775 - 777 range; the closer to the upper band, the safer it is.
- Stop Loss: 3 - 5 points above the upper band.
- Target: First look at the Bollinger middle band at 770; if broken, target 760.
