Yesterday early morning, BNB surged over 20 points then pulled back, then fluctuated around 872, forming a W-shaped shakeout pattern, and is now still in this correction phase.
Looking at the 4-hour chart, the bullish signals are quite clear. A large bullish candle directly engulfed the previous bearish candle, the price stabilized above the middle band of the Bollinger Bands, and the upper and middle bands are spreading apart upward; the MACD is showing a golden cross and expanding, combined with increasing volume, indicating that funds are starting to re-enter the market, and the main players' small moves are obvious.
The overall structure is a bullish rhythm of bottoming out through oscillation, lifting from the lower edge, and breaking out with increased volume. The short-term momentum is quite strong. As long as the volume continues to support, the upward momentum can persist.
From a trading perspective, focus on the retracement around 862–854; if it holds, then look at the target zone of 875–890. $SOL and $ETH are also worth paying attention to in similar structures.
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MoonWaterDroplets
· 20h ago
If that 862 level breaks, I guess we'll have to go through another round. Can this rebound hold until 890?
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ParallelChainMaxi
· 12-17 04:36
I've been watching that 862 level all along. It seems like the main force is testing the bottom willingness. Let's see how the volume cooperates.
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SandwichTrader
· 12-17 04:22
872 keeps fluctuating repeatedly, it's really annoying. It feels like the main players are accumulating positions.
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PriceOracleFairy
· 12-17 04:19
ngl the W-pattern wash at 872 screams textbook liquidity grab... main already telegraphing their moves lmao
#加密生态动态追踪 BNB Market Observation Notes
Yesterday early morning, BNB surged over 20 points then pulled back, then fluctuated around 872, forming a W-shaped shakeout pattern, and is now still in this correction phase.
Looking at the 4-hour chart, the bullish signals are quite clear. A large bullish candle directly engulfed the previous bearish candle, the price stabilized above the middle band of the Bollinger Bands, and the upper and middle bands are spreading apart upward; the MACD is showing a golden cross and expanding, combined with increasing volume, indicating that funds are starting to re-enter the market, and the main players' small moves are obvious.
The overall structure is a bullish rhythm of bottoming out through oscillation, lifting from the lower edge, and breaking out with increased volume. The short-term momentum is quite strong. As long as the volume continues to support, the upward momentum can persist.
From a trading perspective, focus on the retracement around 862–854; if it holds, then look at the target zone of 875–890. $SOL and $ETH are also worth paying attention to in similar structures.