Binance Coin's recent trend is interesting. From a technical perspective, the short-term framework has shifted from weakness to strength. After bottoming out at the 835 level, it hasn't broken below since. It then gradually climbed along the lower band of the Bollinger Bands and is now back above the middle band—indicating that selling pressure has been largely cleared.
On the hourly chart, each retracement low is getting higher, and the rebound strength is noticeably increasing. Whenever the price pulls back, funds tend to step in. This rhythm clearly isn't driven by emotional speculation; instead, it resembles a phase of orderly, gentle capital entry and recovery. Overall, it remains a rebound trend with oscillations moving upward.
The short-term strategy is simple: as long as the 835 support holds and isn't broken, there is still room for a rebound. The 845 to 848 range presents a good opportunity for low-cost entry, with targets around 858 to 862. Of course, this depends on the support below remaining stable; otherwise, a reassessment of the approach is necessary.
BTC is also worth paying attention to, as the two often have a strong correlation.
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TommyTeacher
· 7h ago
Holding this line at 835 is stable; just wait for 858 to eat the meat.
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HodlTheDoor
· 7h ago
Holding this key position at 835 is crucial; otherwise, it's just a false breakout.
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SatoshiHeir
· 7h ago
It should be pointed out that there is a hidden logical flaw in the technical analysis framework here—equating the act of absorbing funds with "orderly repair," which is essentially a cognitive bias. On-chain data shows that whether the 835 support can truly hold depends on the macro narrative of BTC, not the micro K-line of Binance Coin.
Let's return to the original thinking of Satoshi Nakamoto's white paper: all support levels are illusions until the value truly locked on-chain counts. This is no coincidence...
Binance Coin's recent trend is interesting. From a technical perspective, the short-term framework has shifted from weakness to strength. After bottoming out at the 835 level, it hasn't broken below since. It then gradually climbed along the lower band of the Bollinger Bands and is now back above the middle band—indicating that selling pressure has been largely cleared.
On the hourly chart, each retracement low is getting higher, and the rebound strength is noticeably increasing. Whenever the price pulls back, funds tend to step in. This rhythm clearly isn't driven by emotional speculation; instead, it resembles a phase of orderly, gentle capital entry and recovery. Overall, it remains a rebound trend with oscillations moving upward.
The short-term strategy is simple: as long as the 835 support holds and isn't broken, there is still room for a rebound. The 845 to 848 range presents a good opportunity for low-cost entry, with targets around 858 to 862. Of course, this depends on the support below remaining stable; otherwise, a reassessment of the approach is necessary.
BTC is also worth paying attention to, as the two often have a strong correlation.