From the 4-hour K-line chart, BNB has clearly broken down. Not only did it fall below the key support level of the 30-day moving average, but it also formed a typical "lower high + lower low" downtrend structure—when this pattern appears, the bears generally hold the dominant position.
Indicators are telling the same story. The fast and slow lines of the MACD continue to diverge below the zero axis, with the green bars expanding, indicating that the downward momentum is still accumulating and releasing. The RSI rebounded to the neutral zone but then lost momentum and turned downward again, showing that the bulls' attempt to reverse is quite weak.
Finally, looking at the moving average arrangement: the 30, 60, and 120-day moving averages have already turned downward, a standard bearish alignment. Resistance above is dense, so even if a rebound occurs, it will be easily suppressed. In the short term, the structure still leans toward a weak downward trend.
The key point is whether BNB can regain its footing above the 30-day moving average; otherwise, the current pattern will be hard to improve.
**Trading reference**: Consider shorting on a pullback to the 900-915 zone, with support below at 865-880.
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AllInDaddy
· 01-10 06:53
The bearish alignment is so obvious, even the 30-day moving average has broken. This wave of BNB is a bit tough.
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AirdropHunter
· 01-09 03:49
The bearish alignment is so obvious that the 30-day moving average can't even hold. BNB is indeed looking a bit risky in this wave.
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LayerZeroHero
· 01-09 03:49
It has been proven that once the 30-day moving average breaks support, it is not so easy to recover... This bearish arrangement is indeed quite fierce, and the RSI doesn't even have the strength to push upward, indicating that the bulls are really backing down.
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0xLuckbox
· 01-09 03:45
After looking at the chart for a while, it seems like the bears are winning... Will it really rebound after dropping to 900? I'm still a bit uncertain.
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HodlKumamon
· 01-09 03:35
The bear market survival guide has been updated again... The 30-day moving average has been broken, and this wave is a bit painful. When the MACD green bars are expanding, I usually honestly reduce my position, as the statistical significance is there.
Let's see if BNB can hold steady at 900-915. If it can't... hug the world, and dollar-cost averaging (DCA) is the way to go.
January 9 BNB Daily Analysis:
From the 4-hour K-line chart, BNB has clearly broken down. Not only did it fall below the key support level of the 30-day moving average, but it also formed a typical "lower high + lower low" downtrend structure—when this pattern appears, the bears generally hold the dominant position.
Indicators are telling the same story. The fast and slow lines of the MACD continue to diverge below the zero axis, with the green bars expanding, indicating that the downward momentum is still accumulating and releasing. The RSI rebounded to the neutral zone but then lost momentum and turned downward again, showing that the bulls' attempt to reverse is quite weak.
Finally, looking at the moving average arrangement: the 30, 60, and 120-day moving averages have already turned downward, a standard bearish alignment. Resistance above is dense, so even if a rebound occurs, it will be easily suppressed. In the short term, the structure still leans toward a weak downward trend.
The key point is whether BNB can regain its footing above the 30-day moving average; otherwise, the current pattern will be hard to improve.
**Trading reference**: Consider shorting on a pullback to the 900-915 zone, with support below at 865-880.