The situation on the BNB four-hour chart is quite interesting. The trend has clearly entered a weak phase — the highs are continuously getting lower, and the lows are also making new lows. This "double low" pattern looks very unfavorable.
From a specific position, the price has already broken below the 30-day moving average support, which is not a very good sign. The MACD lines are starting to diverge below the zero axis, with the green bars still expanding, indicating strong selling pressure. All moving averages have turned downward, forming a bearish alignment. After rebounding to the neutral zone at 51, the RSI has started to weaken again — the rebound is weak, and the opposing pressure is significant.
From the current technical perspective, traders can focus on the 905-895 range as a support zone. If the price continues to face downward pressure, be alert to the lower support level at 880. The crypto market is quite volatile right now, so in such situations, it’s especially important to closely monitor key price levels and indicator confirmations.
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AlphaWhisperer
· 01-11 11:28
Here we go again, be really careful with this double low pattern this time. If 880 breaks, I’ll be eating dirt.
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With the MACD green bars so large, how can anyone dare to buy the dip?
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Can the 905-895 rebound hold this time, or will it just drop straight to 880?
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Honestly, this kind of market looks really uncomfortable. Let’s wait for a clear signal before taking action.
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Once it broke below the 30-day moving average, there’s been no good news. The bearish alignment has already appeared.
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I bet 880 can hold, or this round will be too disastrous.
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All moving averages are turning downward, this is truly a textbook example of a weak market.
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RSI is already showing signs of fatigue in the rebound, and the bottom is still far away.
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FOMOSapien
· 01-11 09:09
Once the double low pattern appears, I know it's not a good sign... This time BNB is a bit fierce.
If 880 breaks, I'll go all-in on short positions directly. Let's wait and see before 905.
It's the same old trick of MACD turning green to red, they always do it this way, the rhythm has been played out.
Breaking below the 30 moving average is really bad news; this bearish lineup looks uncomfortable.
Who is trying to bottom fish around 905? I think you guys are going to get trapped and wiped out.
It's not certain whether 880 will hold, but anyway, it's very comfortable to be bearish right now.
Wait, could this also be a bottom trap? Just thinking about it gives me chills.
With such big fluctuations, only a gambler or a master dares to go all-in. I'm the former.
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WalletDetective
· 01-10 06:36
880 broke us, and we're really panicking now. This bearish arrangement looks really uncomfortable.
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TopEscapeArtist
· 01-09 02:56
Damn, I bought the dip three times at 905 during this wave, and now I really can't hold on anymore.
I've seen through this double bottom pattern a long time ago, it's just that I was reluctant to cut losses. If 880 really breaks, I'll just give up completely.
The MACD green bars are expanding so wildly, indicating that selling pressure hasn't stopped at all. My recent rebounds have been wasted.
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BearMarketBard
· 01-09 02:50
If the 880 level is broken, we really need to be careful.
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StablecoinAnxiety
· 01-09 02:39
Is this 905-895 line about to break again? I feel like 880 is the real support.
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MultiSigFailMaster
· 01-09 02:34
If 880 is broken, we'll just go straight to McDonald's.
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SmartMoneyWallet
· 01-09 02:31
With such an obvious double low pattern, it's definitely large funds intentionally suppressing the chips. The 905-895 defense line has long been obvious. The real test is whether 880 can hold, otherwise the consequences are predictable.
The situation on the BNB four-hour chart is quite interesting. The trend has clearly entered a weak phase — the highs are continuously getting lower, and the lows are also making new lows. This "double low" pattern looks very unfavorable.
From a specific position, the price has already broken below the 30-day moving average support, which is not a very good sign. The MACD lines are starting to diverge below the zero axis, with the green bars still expanding, indicating strong selling pressure. All moving averages have turned downward, forming a bearish alignment. After rebounding to the neutral zone at 51, the RSI has started to weaken again — the rebound is weak, and the opposing pressure is significant.
From the current technical perspective, traders can focus on the 905-895 range as a support zone. If the price continues to face downward pressure, be alert to the lower support level at 880. The crypto market is quite volatile right now, so in such situations, it’s especially important to closely monitor key price levels and indicator confirmations.