Friends, I am Qi He, a senior analyst in the crypto circle who just wants to help you understand the market trends. Let's take a look at the trend of BNB.
News: A shocking news just hit the market!
The final value of US December inflation expectations is 4.2%, higher than the expected 4.1%! Don't underestimate this 0.1%; under the watchful eyes of the Federal Reserve, any inflation data that exceeds expectations is like a cold water bomb, indicating that interest rate cuts may be far away, the dollar will be stronger, and the global market will shake. At this critical moment, let's take a look at the 4-hour chart of BNB, interesting things are coming.
Cold data vs. hot candlesticks, who is lying?
On one side is macro negative news, and on the other side is the uptrend on the 4-hour chart and the MACD golden cross above the 0 line. Isn't this contradictory? Yes, but the main force loves to play tricks at such times. From the chart, the price is hovering around 853.69, with 870 like a metal lid above and 840 and 800 as key lifesaving steps below. The trading volume is shrinking, indicating that everyone is waiting, waiting for a direction.
What should players holding BNB do tonight? Listen to Qi He’s advice!
If you are heavily invested / bought at a high price: don't panic, but have a plan. Take 870 as an important observation point for reducing positions or exiting. If it can't go up, decisively sell part of it and put the profits or principal in your pocket.
If you are flat / want to operate: remember two words, wait. Either wait for the price to surge to the 865-870 area and show obvious signs of weakness, and then lightly short, with a good stop loss.
My personal view:
Don't get carried away chasing longs tonight! This 'golden cross' and 'uptrend' may very likely be a trap for enticing longs in the face of major negative news. The logic is simple:
Inflationary negative news will ferment: institutions and large holders understand the power of this data better than we do; they may use the 'beautiful patterns' on the technical side to push prices up and offload, attracting retail investors to take over.
870 is the touchstone: if the market can surge to around 870 tonight but just dawdles without breaking through, or spikes up and immediately drops, it can basically be concluded that it's a false breakout. This will be the best point for high short speculation.
I am Qi He, an analyst who only speaks the truth and guides you to trade cryptocurrencies from a professional perspective. Tonight, I will closely monitor the competition at these two key points in Qi He Village. Will the main force choose to hard pull to create a false sense of prosperity, or will they follow the trend to smash the market and collect cheap chips? I will share the details and starting signals in Qi He Village at the first opportunity. Follow me, and together in the storm, seize your own opportunity!#加密市场观察 #美国非农数据超预期
