2026-01-21 03:23:43

BNB's market this week is still quite interesting—rising to a high of $959.52 at one point, but then encountering selling pressure and now falling back to $890.8, essentially flat for the week. From a technical perspective, the $935 level must hold; otherwise, the downside risk increases. Conversely, $971 is the recent ceiling, and a short-term breakout is unlikely.

However, positive signals do exist. Progress on on-chain upgrades and ETF application developments have given the market some expectations, but the problem is that selling pressure remains. The current situation is that BNB is oscillating within the $880 to $930 range, with no clear direction. Those looking to buy the dip should be cautious, as chasing the high carries greater risk. The key is whether it can regain above $950 this week; otherwise, it will continue to consolidate at the bottom.

BNB2,19%

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NotAFinancialAdvice

· 1h ago

It's the same story again, rushing up and crashing down. BNB has been on a roller coaster this week. Can 950 hold? That will decide everything. It still looks a bit uncertain right now. With such heavy selling pressure, even ETF positive news can't save it. It seems like we need to accumulate strength for a while longer.

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GasFeeBarbecue

· 13h ago

It's the same old routine of 970 resistance and 880 support, BNB just loves to dance within this narrow range. --- With such strong selling pressure, can ETF positive news even suppress it? It's a bit questionable. --- Is the 935 line really that sacred? Feels like we're drawing lines every day. --- If it can't break above 950, then continuing to accumulate is just a synonym for stalling. Anyway, I'm just waiting until I get bored. --- On-chain upgrades and ETFs are here, yet the market still behaves this way. Things are a bit disappointing. --- The space between 880 and 930 is so limited. Short-term traders are making a killing, while long-term investors are starting to feel anxious. --- Instead of obsessing over technical levels, it's better to see how institutions move. Their money speaks louder. --- Who is selling off in this wave? I always feel like it's not retail investors causing this commotion.

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MetaverseMigrant

· 01-21 03:53

It's the same market pattern again, BNB keeps bouncing between 880-930, so annoying. Selling pressure doesn't ease up, no matter how many positive news come out, it's all useless. If it can't break 950 this week, just keep lying low.

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DaisyUnicorn

· 01-21 03:51

From 880 to 930, it's just a repeated rollercoaster. It feels like BNB is dancing, and my wallet is awkwardly dancing along too.

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LiquidityWitch

· 01-21 03:50

the ritual's not complete until we breach 950... those liquidation sacrifices at 935 won't hold forever, something's brewing in the dark pools ngl

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On-ChainDiver

· 01-21 03:45

It's the same oscillating rhythm again; BNB really can be exhausting. The selling pressure is too intense; as soon as it surges up, it's hammered down. Who can withstand that? 880 to 930 is just a dead cycle. When will it break out?

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RugpullSurvivor

· 01-21 03:44

It's the same old trick again, push high then dump. I thought it might break 1000 when it hit 959, but it dropped back instantly. Trading back and forth in the 880-930 range is so annoying. When will there be a clear direction?

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DegenDreamer

· 01-21 03:34

Another week of being trapped, 960 didn't hold, and now it's just lingering at the bottom. When will the 950 break? I've been waiting so long that my flowers have withered.

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