This rally has risen from the lows to around 924, after which the market entered a classic correction phase—rapid decline, sideways consolidation, and finally a slow upward move. Currently, the price has been staying above the blue moving average zone of 885-890. Each time it breaks below, it quickly recovers, indicating that the support here is not fragile. More interestingly, the selling pressure in this area is noticeably weakening, somewhat like the market makers are using time to gain space.
The 4-hour chart has also pushed the short-term moving averages down again, which is a sign of "standing firm first, then considering a breakout." Although the MACD is still below the zero line, the green histogram bars are clearly shrinking—essentially, the bearish momentum is waning. As soon as a strong bullish candle appears, it could ignite expectations for further upward movement.
From a technical perspective, I tend to see it as follows:
**Short-term target** — First, hold above around 900 (a 4-hour close above 900 is more reliable), then have the confidence to test the 910-915 zone, and beyond that, the previous high of 920-925.
**Risk level** — If the 4-hour close drops below 885, the current pattern of raising the lows needs to be reassessed; if it falls below the 885-880 zone, that would be the real warning line.
Overall, BNB's current trend doesn't look like it's about to crash. Instead, it seems to be accumulating energy for the next surge. As long as key supports are maintained, the market has good reason to challenge previous highs.
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AirdropGrandpa
· 01-10 20:54
Position 885 is indeed well bonded, and the bears are truly out of strength.
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ForkThisDAO
· 01-10 04:58
885 hold the line, loosen up and it's game over, don't overthink it
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SchrodingerProfit
· 01-10 00:51
If we can't hold 885, we're doomed. We really can't drop any further this time.
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MissedAirdropBro
· 01-10 00:50
885 is still quite resistant to declines; it feels like it's indeed gathering strength.
If it can't break 900, it might stay sideways for a while longer. Let's be patient.
The shrinking of the green bars—why do I feel like this round is just another fake-out?
With such fierce support, could it be preparing for a sell-off?
Once it moves above 920, it will depend on the market sentiment; I’m not confident.
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BearMarketSurvivor
· 01-10 00:44
885, that key support really needs to be held firmly. It feels like this wave is indeed gathering momentum.
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GasFeeTherapist
· 01-10 00:42
885 this position is really crucial, but I'm more concerned about when the bullish candle with volume will appear
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I've heard the "market maker trading time for space" explanation too many times, always feeling like I'm waiting for a signal that will never come
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Can 900 really hold? It feels like we're stuck here every time
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The shrinking of the green柱 is a good sign, but the problem is when it will turn red for real. I'm a bit tired of waiting
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The target of 920-925 feels great, just don't know when the market will be willing to give an opportunity
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If it breaks below 880 again, I will have to consider stopping loss; I can't keep gambling
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The support not being fragile sounds reassuring, but technical analysis can be reversed, who can truly predict it?
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The current atmosphere doesn't seem to be pushing down, but that doesn't necessarily mean it will go up immediately
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Having the 4-hour moving average acting as resistance is a good sign; with some volume confirmation, it would be perfect
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I've been watching the blue moving average zone between 885-890 for a long time. It indeed rebounds every time, feeling like a market maker is absorbing the orders
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OnChainSleuth
· 01-10 00:42
You must hold the line at 885, or you'll have to start over.
This rally has risen from the lows to around 924, after which the market entered a classic correction phase—rapid decline, sideways consolidation, and finally a slow upward move. Currently, the price has been staying above the blue moving average zone of 885-890. Each time it breaks below, it quickly recovers, indicating that the support here is not fragile. More interestingly, the selling pressure in this area is noticeably weakening, somewhat like the market makers are using time to gain space.
The 4-hour chart has also pushed the short-term moving averages down again, which is a sign of "standing firm first, then considering a breakout." Although the MACD is still below the zero line, the green histogram bars are clearly shrinking—essentially, the bearish momentum is waning. As soon as a strong bullish candle appears, it could ignite expectations for further upward movement.
From a technical perspective, I tend to see it as follows:
**Short-term target** — First, hold above around 900 (a 4-hour close above 900 is more reliable), then have the confidence to test the 910-915 zone, and beyond that, the previous high of 920-925.
**Risk level** — If the 4-hour close drops below 885, the current pattern of raising the lows needs to be reassessed; if it falls below the 885-880 zone, that would be the real warning line.
Overall, BNB's current trend doesn't look like it's about to crash. Instead, it seems to be accumulating energy for the next surge. As long as key supports are maintained, the market has good reason to challenge previous highs.