Coin Circle Academician: 9.7 BNB Crisis! 600 Long Positions Trapped, Market Sentiments Stirred, Latest Market Analysis for Reference

In the process of trading coins, it is important to avoid being rigid. The market is constantly changing, and investors must be flexible in response. It is important to realize that the trend of the overall market and individual coins can sometimes be completely opposite. Investment appears to be a game with the market, but in reality, it is a test of human nature.

These days, many fans have consulted on the market trend of BNB, and many fans who bought spot coins on Binance and Huobi have been trapped in long positions at the 600 mark. They asked the academician how to deal with it. The approach I provided is very simple: adjust the position. It has been resistant for so long, and adjusting the position is the fastest way to escape the trap. Adding positions is a last resort, and in extreme cases, it is best not to add positions. First, let's look at the market. The current price of the K-line before the article was published is at 495.

The EMA trend indicator is currently declining, and various indicators are diverging downward. The MACD technical indicators are all decreasing and diverging downward, showing increased funding. However, the lower support of the Bollinger Bands at 479.5 is considered to have held. The KDJ golden cross has formed, and there will be a small range rebound in the short term.

The four-hour K-line has been deviating for a long time and is overall in a downward channel. It is still uncertain when it will break the channel and turn bullish in the short term because the bearish momentum is too strong and there is no trend reversal for the time being. Although the four-hour MACD and Bollinger Bands have rebounded, the resistance of the rebound is very obvious at the EMA30 position, which is 505.5. The KDJ is also spreading upward to a certain extreme. The overall trend is still bearish without breaking the pressure level on the downside.

Reference points:

Short positions from 520 to 510, stop loss at 525, target to 500 to 480, and breaking point to 470.

Long positions from 460 to 465, stop loss at 455, target to 480 to 505, and breaking point to 520.

Specific operations should be based on real-time market data. For more information, please consult the author. The article is published with a delay, and it is recommended for reference only at your own risk.

Friendly reminder: The above content is only created by the author's official account. The advertisements at the end of the article and in the comment section are not related to the author. Please discern carefully, and thank you for reading.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。