Currently, the market sentiment is temporarily bullish, but prices have approached the previous high-density trading zone, and selling pressure is beginning to emerge. The short-term rally is more driven by sentiment, and trading volume has not expanded accordingly. Structurally, it is important to be cautious of the risk of false breakout followed by a pullback. Strategy: Do not chase the rally; patiently wait for signs of waning momentum and weakening structure, and seize the opportunity to turn short at high levels.
Trading ideas: A light short position can be attempted if the rebound reaches the 890–895 range, First target at 875, with further support at the 858 level. Strict risk control, execute in batches.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
1.4 $BNB Afternoon Market Analysis
Currently, the market sentiment is temporarily bullish, but prices have approached the previous high-density trading zone, and selling pressure is beginning to emerge. The short-term rally is more driven by sentiment, and trading volume has not expanded accordingly. Structurally, it is important to be cautious of the risk of false breakout followed by a pullback.
Strategy: Do not chase the rally; patiently wait for signs of waning momentum and weakening structure, and seize the opportunity to turn short at high levels.
Trading ideas:
A light short position can be attempted if the rebound reaches the 890–895 range,
First target at 875, with further support at the 858 level.
Strict risk control, execute in batches.