As soon as the opening bell rang, my eyes were fixed on the K-line chart of BNB, and I kept wondering, why is this barrier of 999 dollars so hard to cross as if it were welded shut?

Until the market closed at four in the afternoon, the number suddenly jumped to 1000.75 dollars. Although it only increased by 0.56%, the 0.63% fluctuation contained a profound mystery that is hard to fathom!​

First, look at those horizontal lines on the K-line chart, 978.56 dollars just

It is our iron bottom support, like the lifebuoy in Xing Ge's hand, no matter how the bears smash it, it remains unmoved! Looking up, the resistance level of 1018.41 dollars looks like thin ice in early spring, maybe it will be crushed by the bulls' footsteps in the next second.

Today, BNB has tested the 1000 USD mark three times. Although it hasn't broken through in one go, every time it pulls back, it stays firmly above 993.5 USD. Is this a pullback? Clearly, it's the bears in a panic throwing out lifebuoys, wanting to escape quickly!

Let's take another look at the technical indicators. The three lines of the RSI seem to be rising together as if they had made an appointment, especially RSI1, which has directly surged to 81.15. This clearly tells us: the bulls' energy has not been fully released, and there is still strength left! As for MACD, there's no need to mention it; the DIF and DEA lines have already completed a golden cross, and in the MACD histogram below, the red bars are still popping up one after another. At this momentum, this wave of upward movement can at least sustain to the target of 1020 USD!

Today, Brother Xing will teach you a market observation skill: keep a close eye on trading volume! The real-time trading volume has already reached 44867 lots. At this pace, it is estimated that it could surge to 114312 lots for the whole day. Moreover, both MA5 and MA10 moving averages have quietly turned upwards. This is no joke; it is clearly large funds stealthily entering the market!

Friends who are still holding short positions should be cautious. If you don't get back in time, once BNB truly breaks through the resistance level of 1018 USD, it will be completely too late. By then, when the bulls gain momentum, all the stop-loss orders for the shorts will rush out, and the price might just shoot straight towards 1020 USD!

You must be asking: just looking at the technical side is not enough, what about the news? Don't worry! Brother Xing has been keeping an eye on it for you. Before the U.S. stock market opens tonight, there might just be some great news coming down. You should know that this wave of BNB's rise is not without reason; there have been ongoing rumors about new blockchain applications being implemented, and this is not just a baseless claim!

Based on my years of experience, Brother Xing calculates that if this wave can really break through 1018 USD steadily, there will be at least another 20 USD of space above. By then, it won't just be a small increase!

99% of people can't see this line of text at all. Follow Brother Xing, the real bull market's wealth code is dancing at Brother Xing's fingertips!@星哥狩猎日记

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