#BNB 15M Snapshot 📉 • Bearish bias: MA downtrend + lower highs/lows • Support broken at $548 → eyes on $540 • Resistance: $552 → $555 • RSI near oversold, but no bullish sign yet
#ETH 15M Snapshot • Bearish setup with gap + 89% MA sell signal • Price stuck at $2,550–2,560 support; CCI oversold—bounce possible • Breakdown below $2,550 = $2,520→$2,500 • Bounce = $2,600→$2,650 resistance
BNB dipped below key support near $651–$640, wicking to ~$633, only to strongly reclaim above $651.5, marking a classic false-breakdown—a common bullish trap setup fxleaders.com+9tradingview.com+9tradingview.com+9.
Suggests robust buyer demand in the $633–652 zone, offering a high-probability long setup on 4H.
📈 Rising Channel Pattern
BNB trades within a clearly defined ascending channel on the 4H chart—making higher highs/lows between approximately $620–600 support and $700–720 resistance tradingview.com+1tradingview.com+1binance.com.
A breakout above the $720 level could propel price toward $800 short-term .
⚙️ Indicators: Parabolic SAR & MACD
Parabolic SAR dots are above price, signaling a short-term bearish bias; MACD recently dipped negative on the 4H, indicating mild bearish momentum iconomi.com+11binance.com+11tradingview.com+11.
However, bullish reclaim of support weakens the bearish signal—ideal scenario for long entries on dips.
🔢 Fibonacci Context
Price is hovering near the 50% retracement of its recent swing—another common area for bulls to enter tradingview.com.
Support confluence near $623–655, interplay of channel and fib adds strength to this zone binance.com+3tradingview.com+3binance.com+3.
💡 Fundamental Analysis
🏗️ Institutional & DeFi Adoption
BNB Chain benefits from increasing institutional attention—supports like VanEck’s ETF filing and large-scale stablecoin issuance (USD1) strengthen use cases
BTC formed an “M”-shaped double-top near $110k–110.5k, with a neckline around $105.5k–107k. A break below the neckline would confirm bearish bias en.wikipedia.org+12sahmeto.com+12financemagnates.com+12investopedia.com+1nypost.com+1.
🛠️ Falling Wedge Pattern
Price is consolidating in a falling wedge—marked by converging lower highs and lower lows. This is often a bullish reversal signal in uptrends altfins.com+2altfins.com+2sahmeto.com+2.
Key breakout level: a 4H candle close above the wedge's upper trendline, ideally with higher volume.
📉 Fibonacci Retracement
Swing from ATH (~110.5k) down to the current low (~105k):
38.2% at ~108.3k
50% at ~107.75k
61.8% at ~107.2k These levels act as short-term support/resistance zones sahmeto.com+1altfins.com+1reuters.com+11en.wikipedia.org+11altfins.com+11.
🧭 Support & Resistance Zones
Support: Neckline zone (~105.5k–107k), followed by fib confluence and psychological level at $105k.
Resistance: Double-top peaks at 110k–110.5k; a breakout above here targets new highs.
💡 Fundamental Analysis
Institutional Inflows & Macro Trends
Crypto funds hit record $167B in assets; $7B net inflows in May—BTC surged 15% in 3 months, outpacing gold and equities investopedia.com+15reuters.com+15tradingview.com+15.
Weakening U.S. dollar, rising bond yields, and market uncertainty are driving institutional interest marketwatch.com+2reuters.com+2nypost.com+2.
ETF & On‑Chain Data
U.S. spot-BTC ETFs continue receiving strong inflows; long-term wallets remain dormant, hinting at accumulation bitwiseinvestments.eumedium.com+1financefeeds.com+1.
Macro Outlook
Fed appears poised for rate cuts as inflation moderates—historically beneficial for BTC morningstar.co.uk+15bitwiseinvestments.eu+15medium.com+15.
Analysts project BTC reaching $120k–125k by June, with potential to $200k by year-end nypost.com+2financemagnates.com+2ft.com+2.