January 9th BNB Technical Analysis:



Looking at the 4-hour K-line, BNB is currently showing obvious short-term weakness. The price has fallen below the 30-day moving average, forming a typical "lower lows and lower highs" breakdown pattern. The bears are sitting firmly.

The MACD is continuously expanding below the zero line, with the green bars getting thicker, indicating that the downward momentum is still gaining strength. The RSI indicator has rebounded near the middle but lacks momentum and quickly turns down. Are the bulls trying to rebound? Currently, they seem powerless.

The entire moving average system has turned downward and is lined up in a formation, with resistance levels layered above. As soon as there is a rebound, sell orders will flood in. In the short term, this structure indicates a continued weak downward trend. The key is whether BNB can hold the 30-day moving average again, which would be the turning point to reverse the situation.

In this environment, for trading: consider short positions in the 900-915 range, with targets at 865-880.
BTC0,07%
BNB1,22%
ETH0,27%
PEPE-0,16%
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ServantOfSatoshivip
· 22h ago
It's the same old story again. When the moving average breaks, they say it's going to fall; when it rebounds, they call it a false rebound. Bulls are really too difficult.
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WenMoonvip
· 01-09 03:22
Here we go again, this broken BNB seems like it's going to keep dropping. If it doesn't hold the 30-day moving average, it's game over.
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ForkTonguevip
· 01-09 03:17
BNB this time really isn't looking good, the 30-day moving average can't hold... the bearish sentiment is too strong.
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AirdropHunterKingvip
· 01-09 03:16
Bro, this 30-day moving average really broke, just like my previous contract interactions when I was farming yields. Once the wallet address doesn't match, it’s never coming back. I need to check the 900-915 range three times before placing an order, too afraid of making a mistake. --- It's true that the breakdown and decline are happening, but I still want to wait. After all, I need to be cautious about the short-selling qualification. --- The green bars are getting thicker? Damn, even more exaggerated than the air coin I chased last year. The bulls are really eager but powerless. --- The moving averages are lining up downward... alright, I believe you. Anyway, the short-term situation is to stay idle and not mess around. --- The target of 865-880 is pretty good, just worried about a rebound halfway and getting caught again. I've seen it happen too many times.
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OnChainDetectivevip
· 01-09 03:10
nah the macd divergence here is textbook, but something feels off with this bounce. transaction patterns suggest institutional accumulation at these levels, not distribution. wallet clustering data doesn't align with the bearish narrative tbh...
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