BNB USD plummeted to $825. After losing the key level at $850, what is the future outlook?

Technical Outlook: Downtrend Channel Takes Shape

From the 1-hour candlestick chart, BNB’s current price has fallen to $825.40, with the decline continuing to widen. The previously held key support level at $850 has been broken today, leading to a breakdown of the bulls’ defense line.

All technical indicators are weakening—MACD shows a death cross downward trend, trading volume has significantly shrunk, and these signs point in one direction: bears are taking control. Based on the current trend, if BNB cannot stabilize around $850, the next support level to watch will be $800. Once this line is broken, BNB faces the risk of dropping straight to $750.

Looking upward, the $910 level acts as a short-term resistance for a rebound, with the higher resistance at $940 seeming far away. Given the current weakness, the rebound potential is very limited.

News Sentiment Adds Pressure: Macroeconomic Uncertainty Rises

The Federal Reserve’s policy expectations have shifted again, becoming a key factor in suppressing risk assets. Recently, Trump campaign candidate Hasset stated that the timing to pause rate cuts in December is “not appropriate,” citing that a government shutdown could trigger an economic slowdown, with GDP facing a 1.5 percentage point decline risk. JPMorgan has also adjusted its forecast, pushing the December rate cut expectation into next year.

This combination of factors has significantly increased market risk aversion. However, it is worth noting that inflation data remains manageable, leaving a glimmer of hope for a future reversal. For risk assets like BNB, macroeconomic uncertainty is undoubtedly the main pressure at present.

Overall Analysis: Short-term Downward Pressure Difficult to Reverse

Combining technical and news perspectives, BNB is more likely to continue under pressure in the short term. The area around $825 has entered a weak zone, with no obvious technical support. If the news environment worsens further, the possibility of breaking below $800 cannot be ignored; conversely, if any unexpected positive news emerges, a rebound to test the $910 resistance is also not entirely impossible.

The key now is whether the $850 level can be re-accepted as support. If the rebound is again blocked, bearish momentum will further accumulate. From a risk-reward perspective, caution remains necessary—closely monitor whether trading volume can support a rebound and whether there are any policy changes signaling a turning point.

BNB’s price action reflects the current sensitivity of the crypto market to macroeconomic conditions, where opportunities and risks often coexist. Investors should continue to track technical developments while also paying attention to marginal policy changes.