Looking at BNB's trend, this wave is indeed quite interesting. The 20-day moving average at 901.68 is firmly holding down the price, and it hasn't even broken through the previous high of 898, a typical weak market situation. Currently, the space is very tight, with all short-term moving averages intertwined, and this kind of consolidation often signals a downward trend reversal.



The current price is stuck at 895.47, and it seems really difficult to continue upward. Instead of waiting for uncertainties, it's better to seize this opportunity to directly enter a short position. Such opportunities can be missed easily if not careful, and market orders might be a more decisive choice.
BNB-1,43%
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JustHereForMemesvip
· 22h ago
This 901.68 is really a tough nut to crack; it seems BNB only feels comfortable when it's being suppressed.
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SignatureAnxietyvip
· 01-11 06:52
901.68 this line is really tightly stuck, I'm already tired of seeing it
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fren.ethvip
· 01-09 06:02
901 can't be broken, this time it's really the limit
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MEVvictimvip
· 01-09 06:01
901.68 I really can't hold it anymore, this short position definitely needs to be taken now
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TokenomicsTherapistvip
· 01-09 05:56
901 can't be broken, it's really annoying. Better to go short.
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DefiOldTrickstervip
· 01-09 05:53
Haha, I've been watching that 901.68 line for a while. To be honest, this kind of consolidation does tend to lead to a trend reversal, but do you dare to go long naked? Let me tell you, brother, everyone who does that now is crying over their liquidation orders.
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SerumSquirtervip
· 01-09 05:34
901.68 this line is indeed fierce; it can't even be broken through, which is a bit risky. NGL, I've seen this kind of consolidation too many times. Either it breaks out or collapses. If you're betting on a breakout, you need to set a stop loss.
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