Looking at the dazzling green descending candlestick on the screen, and glancing at the pop-up in the lower right corner with the news flash 'China Property Investment Holdings plans to purchase BNB', isn't your mind a mess?
News:
This publicly listed company, China Property Investment Holdings, actually announced that it plans to buy BNB as a strategic reserve! This news is quite explosive, right? Many people, upon seeing it, get carried away: 'Great news! Let's rush in!' But hold on, take a look at the market, doesn’t it feel like a bucket of cold water has been poured over you? What exactly is the market playing at right now? A news screenshot marked '2025-12-24 16:27' is going viral in the village. A Hong Kong listed company with the code '736 HK' has officially announced in black and white that it plans to use its own funds to purchase and hold BNB as a company strategic reserve asset.
Technical analysis: 4-hour chart, very realistic, the trend is down.
The price is firmly pressed below the key level of 842.
Two major resistances above: the rebound pressure at 874 and the top pressure at 913.
The most eye-catching is the MACD, the white and yellow lines have a death cross below the 0 axis, which is a definite bearish signal, indicating that the downward momentum is still present. This is contradictory, isn't it? Good news is everywhere, yet the market is panicking in the red. It's like someone is shouting 'sweets are coming' with a loudspeaker, but when you run to the place, you find a long line, and the sweets haven't reached your hands yet; the price may have already been driven up by people who bought early.
What should players do now?
For those with positions: Don't use 'good news' to numb yourself. Treat 842 as your defense line. If it effectively breaks down and rebounds weakly, reduce your positions and cut losses, safety comes first.
For those looking to buy the dip: Keep your hands still! In a downtrend, good news is often a 'smoke screen.' The real opportunity is to wait for the market to form its bottom structure on its own. Pay attention to two signals: first, whether the price can stabilize and reduce volume around 810; second, whether the MACD death cross can converge or show bottom divergence. Before the signals appear, it’s not embarrassing to watch.
Qi He's personal opinion:
News is 'expectation', while technology is 'reality.' A company's 'proposed purchase' does not equal 'already purchased.' It takes time from resolution to actual investment, and market conditions need to be considered. Large funds will not act as 'buyers' when a downtrend is obvious; they are more likely to patiently wait for a better position. Therefore, don't expect this news to immediately pull the price up in a V-shape.
Tonight's key is 842! This position is now the dividing line between bulls and bears.
I am Qi He from the cryptocurrency circle, follow me to learn how to seize this market wave and get the full catch! If you don't know how to time it, Qi He will provide real-time analysis in the village and give the current best entry point.
