【Coin World】The entire crypto market is currently under pressure, and BNB has not escaped it either, with its price dropping 2.2% and breaking through the key support level of $900. The problem is that selling pressure keeps pouring in, and rebounds are being thwarted again at critical levels. Now $900 has abruptly turned from support into resistance.
Looking at overall market sentiment, the CD20 index fell 2.6%, yet trading volume surged well above the historical average level. What does this indicate? Ample liquidity, but a bearish atmosphere has already formed.
What’s worth noting is that a leading exchange recently made several moves on the opBNB ecosystem—the Fourier hard fork cut block time in half and doubled throughput, significantly improving DeFi ecosystem performance; meanwhile, it also launched silver perpetual futures and a $1 million staking incentive. These positive developments should have supported the price, but traders are clearly more focused on technical signals at the moment.
To turn the situation around, BNB needs to reclaim $906 to restart its uptrend. If this weakness persists, the next notable target level to watch would be $892.
BNBが900ドルの節目を割る、テクニカル分析から見る今後の展望
【Coin World】The entire crypto market is currently under pressure, and BNB has not escaped it either, with its price dropping 2.2% and breaking through the key support level of $900. The problem is that selling pressure keeps pouring in, and rebounds are being thwarted again at critical levels. Now $900 has abruptly turned from support into resistance.
Looking at overall market sentiment, the CD20 index fell 2.6%, yet trading volume surged well above the historical average level. What does this indicate? Ample liquidity, but a bearish atmosphere has already formed.
What’s worth noting is that a leading exchange recently made several moves on the opBNB ecosystem—the Fourier hard fork cut block time in half and doubled throughput, significantly improving DeFi ecosystem performance; meanwhile, it also launched silver perpetual futures and a $1 million staking incentive. These positive developments should have supported the price, but traders are clearly more focused on technical signals at the moment.
To turn the situation around, BNB needs to reclaim $906 to restart its uptrend. If this weakness persists, the next notable target level to watch would be $892.