$BNB Pre-market warning for US stocks: BNB’s bait-and-bull push is over; the bears are about to step up

The US stock market is about to open. Let Lao Lei explain the current situation with BNB for everyone. BNB is currently seemingly rebounding slightly, but in reality it’s the bulls’ false fire. Every signal—capital flows, technicals, and macro—points to bearishness. Don’t get tricked by those small green candles into buying and taking the bag.

On the capital side, net outflows from the platform have been continuous. Big players clearly cut positions when prices rise, and there’s no incremental capital to prop up the rebound. The rebound is all a battle of existing liquidity. Technically speaking, multiple moving averages are being pressured downward. The 600 level is repeatedly facing pressure, the RSI is turning downward, and the MACD bears are expanding in volume. In terms of structure, this is a continuation of a down move. Combined with the tightening of risk appetite at the US stock market open, and the Fed rate-hike expectations still in place, the overall market is cautious. A weak mainstream asset like BNB is even more likely to be dragged down.

Lao Lei will say it plainly: this rebound is just a window to short. Once the US market opens and selling pressure concentrates, BNB is likely to pull back to 580. If it breaks down, look for levels below 570. Don’t try to bottom-fish in the short term. Go short as the main strategy. Don’t be greedy for small rebounds—protecting your principal matters more than anything else. #Gate广场四月发帖挑战