Recently, BNB's price movement has attracted a lot of attention. On January 10th at noon, BNB was quoted at $897, up 0.45%, with a 24-hour trading range between $885 and $901, and trading volume remaining stable.
From a technical perspective, there are two important support levels at this position—$885 is the recent 24-hour low, and below that, the 50-day moving average at $870 provides additional support. The resistance levels are also clear; the $900 mark is both a psychological level and a previous high, with further resistance at $910.
Currently, the trend is leaning towards consolidation, but interestingly, on-chain active addresses and ecosystem data are improving, indicating that the fundamentals still have support. From this perspective, the downside correction space may be limited. Once the price breaks through $900, the short-term upward momentum could continue, making this a key technical breakout point to watch.
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GateUser-6bc33122
· 01-10 06:00
Can we break through this 900 barrier? It feels like we've been stuck here for a long time.
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SchrodingerGas
· 01-10 05:53
The $900 psychological price point... frankly, it's the stop-loss line for retail investors, just a reflection of equilibrium in the game. On-chain data sounds good and appealing, but the real issue is whether the balance between interaction costs and arbitrage opportunities has been broken. If the defense line at $880 can't be held, then that's truly interesting.
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AmateurDAOWatcher
· 01-10 05:37
The 900 level is indeed interesting; it feels like it's stuck right there.
BNB's fundamentals are actually pretty good, and on-chain data is supporting it.
If you buy at this level of 897, set the stop loss at 885 for a more conservative approach.
Once it breaks 900, look at 910, and we'll see then.
Honestly, it's all about on-chain activity—that's the real deal.
Recently, BNB's price movement has attracted a lot of attention. On January 10th at noon, BNB was quoted at $897, up 0.45%, with a 24-hour trading range between $885 and $901, and trading volume remaining stable.
From a technical perspective, there are two important support levels at this position—$885 is the recent 24-hour low, and below that, the 50-day moving average at $870 provides additional support. The resistance levels are also clear; the $900 mark is both a psychological level and a previous high, with further resistance at $910.
Currently, the trend is leaning towards consolidation, but interestingly, on-chain active addresses and ecosystem data are improving, indicating that the fundamentals still have support. From this perspective, the downside correction space may be limited. Once the price breaks through $900, the short-term upward momentum could continue, making this a key technical breakout point to watch.