#数字资产市场观察 BNB's recent price movement has been quite complicated. After breaking through $900, it couldn't hold the level and is now oscillating around $896. From the market data, both the bulls and bears are range-bound at this position.

The MACD on the hourly chart is tangled around the zero axis, indicating that neither the bulls nor the bears are gaining an advantage in the short term, and the direction is still not clear enough. Although a golden cross signal appeared on the daily chart, the problem is that the trading volume hasn't followed suit, and the upward momentum is clearly insufficient.

I personally think it might be worth considering going short at the 905 position, with an initial target of 875, and if you're more aggressive, it could reach around 850. Of course, this is just my personal opinion, and please proceed with caution.

$BTC $BNB $XRP

BNB7.24%

BTC6.89%

XRP7.87%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

23 Likes

Reward
23
9
Repost
Share

Comment

0/400

RumbleValidator

· 11-30 05:29

I never trust a golden cross pattern without volume backing. This wave at 896 is just to wear out the patience of retail investors. The logic for the short order at 905 is clear; looking at the return rate based on 850 is meaningless. If we really want to take action, we need to see if the Node's stability can support this round of selling pressure.

View OriginalReply0

BlockchainBouncer

· 11-30 04:21

900 dollars couldn't hold, this wave is really awkward, after grinding for so long no one can eat it.

View OriginalReply0

AirdropHermit

· 11-29 02:49

If 900 can't be held, what else is there for short positions to brag about?

View OriginalReply0

MoonBoi42

· 11-28 03:10

900 couldn't hold, this wave is really disappointing, short positions are going to be arrogant again.

View OriginalReply0

Ser_APY_2000

· 11-28 03:10

900 dollars couldn't be held, this wave is a bit awkward. After breaking the level, it keeps grinding, it's just infuriating to watch. With such poor volume, still thinking about going up? What a dream.

View OriginalReply0

BearMarketBard

· 11-28 03:03

900又被get dumped，这次真的hold不住啊

View OriginalReply0

DataPickledFish

· 11-28 02:57

900 this level really feels a bit pump, it seems no one dares to chase.

View OriginalReply0

LiquidityHunter