Heaven天运众智
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#BNN守住900美元关口 $BNB 2025 December 2023 BNB rebounded after touching the key support level of $827, although the price fluctuated slightly on December 5, it remained around the $900 mark overall. There is some support for holding this level in the short term, but upward movement still faces resistance, with details as follows:
1. Current price and short-term fluctuations: As of around 9 AM on December 5, the price of BNB was $899.42, down 2.49% in 24 hours, with a low of $890.2 and a high of $926.95 within that period; earlier data around 10 AM showed its price at $905.4, with a 24-hour decline of 1.6%. It had previously fallen below the psychological level of $1000, before finding support at $827—this price level had been tested for support strength in August and September, and the recent rebound has seen it fluctuate around the $900 mark.
2. Key points in the battle for the level: In the short term, the $910 - $920 area has gathered a large number of highly leveraged short positions; if the price touches this range, it may trigger concentrated liquidation, potentially pushing the price higher in the short term. However, the $950 level above is a strong resistance point; the market encountered resistance and fell back in this area in November, making it challenging for this rebound to break through this level. Technical indicators show that DMI indicates a strong downward trend remains, and CMF is in a neutral range with no significant buying pressure, indicating the current rebound lacks solid funding support, and the stability of holding the $900 mark still needs to be observed.
3. Influencing factors behind the scenes: The previous decline in BNB was due to reduced on-chain activity and shrinking DEX trading volume; the rebound is attributed to the resilience of the key support level at $827. However, recent leadership changes at Binance have shifted the platform's focus toward stable development, and the ongoing lawsuit in North Dakota brings continued uncertainty, making it difficult for BNB to form a strong upward trend, with defensive pressure at the $900 level always present.
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1. Current price and short-term fluctuations: As of around 9 AM on December 5, the price of BNB was $899.42, down 2.49% in 24 hours, with a low of $890.2 and a high of $926.95 within that period; earlier data around 10 AM showed its price at $905.4, with a 24-hour decline of 1.6%. It had previously fallen below the psychological level of $1000, before finding support at $827—this price level had been tested for support strength in August and September, and the recent rebound has seen it fluctuate around the $900 mark.
2. Key points in the battle for the level: In the short term, the $910 - $920 area has gathered a large number of highly leveraged short positions; if the price touches this range, it may trigger concentrated liquidation, potentially pushing the price higher in the short term. However, the $950 level above is a strong resistance point; the market encountered resistance and fell back in this area in November, making it challenging for this rebound to break through this level. Technical indicators show that DMI indicates a strong downward trend remains, and CMF is in a neutral range with no significant buying pressure, indicating the current rebound lacks solid funding support, and the stability of holding the $900 mark still needs to be observed.
3. Influencing factors behind the scenes: The previous decline in BNB was due to reduced on-chain activity and shrinking DEX trading volume; the rebound is attributed to the resilience of the key support level at $827. However, recent leadership changes at Binance have shifted the platform's focus toward stable development, and the ongoing lawsuit in North Dakota brings continued uncertainty, making it difficult for BNB to form a strong upward trend, with defensive pressure at the $900 level always present.
{future}(BNBUSDT)
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