Today, the BNB market shows a mild rebound trend. By the evening close, the BNB price is 1088.33, with a daily rise of 3.11%. However, the capital situation still appears weak, with a net outflow amounting to 53.6 million.



From a technical perspective, bullish signals are beginning to emerge. The MACD indicator has turned into red bars on the 1-hour chart, and the KDJ indicator on the 4-hour chart is also showing signs of a turn upwards, all of which suggest that there may be further upward space in the short term.

For traders, it is important to cautiously seize long and short opportunities in the current market situation. Bullish traders should pay attention to the key support level of 1046.61. If the price can stabilize above this level, they may consider entering with a light position, targeting the 1100 round number first, and further looking to test the previous high of 1130.98. However, a stop-loss should be set at 1035 to control risk.

On the other hand, if BNB fails to hold the support level of 1046.61, the bears may gain the upper hand. At this point, it might be considered to short with a light position, targeting downwards to 1021.00, which was the starting point of the recent rebound. However, it is also important to pay attention to risk control, and it is recommended to set the stop-loss level around 1060.

It is worth noting that the cryptocurrency market has recently shown an overall rebound trend. Investors should fully consider the macroenvironment factors when formulating trading strategies, reasonably control their positions, and strictly implement stop-loss discipline. Whether it is a long or short operation, the primary principle should be to protect the safety of funds, while seeking trading opportunities with a higher degree of certainty amid market fluctuations.
BNB-0.18%
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BTCRetirementFundvip
· 11h ago
This little rise is nothing.
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MetaverseVagabondvip
· 11h ago
Why does it look so bad? It's just a market maker Rug Pull.
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BlockchainArchaeologistvip
· 11h ago
Is it being speculated again?
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ForkLibertarianvip
· 11h ago
Xiao Yang should just do whatever he wants, bro just kill directly.
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GigaBrainAnonvip
· 11h ago
Waiting for 1200 is not a dream
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