Affected by overnight US stock market fluctuations, BNB prices initially surged higher, then retreated to around 892 during the early morning hours to find effective support and began a technical rebound. Currently, the price is trading around 908, with the overall trend entering a consolidation phase.
From the market structure perspective, the short-term rebound highs are continuously moving lower, indicating that selling pressure above is still accumulating. The trading volume is insufficient, and the bullish momentum is relatively weak, suggesting that the market is more inclined to oscillate and trend downward. Before a clear breakthrough of the key resistance zone, the upward space remains relatively limited.
Trading Strategy: In the short term, mainly focus on short positions with rebound resistance, patiently wait for the price to reach the ideal zone.
910–915 Area: Watch for signs of resistance during the rebound, consider short positions accordingly. Support below: Pay close attention to the support at around 890, which can serve as a stage profit-taking or observation level.
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2026/1/7 BNB Market Brief Analysis
Affected by overnight US stock market fluctuations, BNB prices initially surged higher, then retreated to around 892 during the early morning hours to find effective support and began a technical rebound. Currently, the price is trading around 908, with the overall trend entering a consolidation phase.
From the market structure perspective, the short-term rebound highs are continuously moving lower, indicating that selling pressure above is still accumulating. The trading volume is insufficient, and the bullish momentum is relatively weak, suggesting that the market is more inclined to oscillate and trend downward. Before a clear breakthrough of the key resistance zone, the upward space remains relatively limited.
Trading Strategy:
In the short term, mainly focus on short positions with rebound resistance, patiently wait for the price to reach the ideal zone.
910–915 Area: Watch for signs of resistance during the rebound, consider short positions accordingly.
Support below: Pay close attention to the support at around 890, which can serve as a stage profit-taking or observation level.