Brothers, I am Mig
Rising to the point of anxiety, afraid of chasing high prices, even more afraid of missing out.
Don't panic, today I will clarify for you based on K-line signals + upcoming explosive news—whether this market trend is 'heading straight to 950' or 'turning down to 830'?
First, let's look at the news front, this is not ordinary news, it's a time bomb:
The U.S. SEC will hold a roundtable meeting on December 15, with the theme being 'Financial Surveillance and Cryptocurrency Privacy.' What does this mean? The regulatory spotlight is firmly focused on cryptocurrencies.
In the short term, the market is likely to panic sell before the meeting, especially for projects that have fully realized their benefits; however, for platform coins like BNB, it may actually accelerate the process of compliance in the long term.
Therefore, before the meeting, the probability of intensified fluctuations is high, and the main force may take the opportunity to shake out — you must stay steady and not get thrown off the train.
Looking at the technicals, remember three key points:
The bull-bear lifeline: The daily bullish pattern at 890-880 has not yet broken. This is the defensive zone for a pullback. As long as it does not break below, especially if it closes above on the four-hour chart, BNB will still push up to 930, or even test 950. But if it breaks below 880 with volume, don’t hesitate, exit all short-term long positions and directly look at 830 below.
Is MACD deceiving? The yellow and white lines have crossed above the zero axis, looking beautiful, but the energy bars are continuously shrinking — this is a 'hidden divergence', indicating insufficient upward momentum. If gold prices cannot break through the previous high with volume next, be careful of a quick pullback.
What should retail investors do now?
For those with heavy positions, reduce a portion near 930, keeping a core position to aim for 950.
For those wanting to get in, definitely wait for a pullback, stabilize around 890 before entering; if it breaks below 880, give up.
Newbies remember: A bull market is not about rising every day, but whether you dare to buy when prices fall.
Mig's personal view: The daily bullish structure remains intact, with the current price pulling back to the key support range of 890-880. If this support range stabilizes effectively during the pullback, the market continues to look for a rebound, with upper targets near 930-950. Weekly level resistance at 1015; if the price rebounds in this range, consider setting up short positions.
Trading cryptocurrencies is not about guessing sizes, it's about strategy + discipline: catch the pullback buying points in a trend, set clear stop losses, and let profits run.
If you always buy at high points and sell at low points, unable to see the logic behind the fluctuations of the news — pay attention to Mig, I not only give you direction but also teach you why this direction.
Will BNB surge to 950 or fall towards 830? With the SEC meeting counting down, I will interpret the market signals in real-time. Click to follow and avoid pitfalls.
