There is a saying in the market circle that makes a lot of sense: "Oversold without a rebound is truly dangerous; a rebound that can't break the level is just playing tricks." Today, looking at BNB's 4-hour chart, I immediately understood—this coin is now in a state of "panting on the ground from exhaustion," neither completely crashing nor having the strength to rally.
Looking at the market data makes it clear. It opened at $830.2 in the morning, with the high also at $830.2, and is now oscillating around $828, with the decline narrowed to 0.28%. This rhythm is like someone who drank three shots in the first half of the night, then stands outside a kebab shop in the second half, too breathless to breathe or vomit.
The technical analysis is even more interesting. RSI has already surged to an oversold level of 23.33, and the KDJ's J value has even broken below 10—both indicators are screaming "Stop selling, stop selling, if you sell down further, I’ll just lie on the ground and not move." The green bars on the MACD are not expanding further; the selling pressure from the bears is clearly weakening, just like two people arguing until their voices go hoarse, and they have to stop to take a sip of water.
But this doesn't mean we can directly shout "reversal is coming." The news side is currently a "double-edged sword" situation. On the positive side, BNB Chain's daily active users remain stable at around 4.32 million. Recently, the official announced a partnership with Kalshi, a compliant prediction platform—users can directly participate in real-world event predictions using on-chain BNB, effectively opening a "compliant trading window" for blockchain assets, significantly improving liquidity and efficiency.
On the news pressure side, there have been persistent rumors that "certain leading exchanges are tightening scrutiny," and market sentiment still needs more stabilization. The current situation is that the technicals have already signaled oversold conditions, but a clear upward breakout is needed to confirm the authenticity of the rebound. This level is where bulls and bears are at a stalemate—whether it will be a buildup before a breakout or a false move to continue downward depends on how the next few candles develop.
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MEVHunterLucky
· 8h ago
Hey, this wave of BNB is really dancing the disco. With RSI at 23 and still not rebounding, it's indeed a bit risky.
To be honest, Kalshi sounds pretty good, but the rumors from the exchange side are quite concerning. That's the real sword hanging over our heads.
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MEVSupportGroup
· 8h ago
Oversold so severely and still not reversing, then you're truly panicking.
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Kalshi collaboration sounds good, but the rumors from the exchange side... are a bit hard to bear.
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Crouching on the ground gasping is just crouching on the ground gasping, don't deceive yourself into thinking it's accumulation.
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Position 828 is a trap; wait until the news sentiment clears.
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RSI is already at 23, KDJ has broken below 10, the bears are also exhausted.
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If the rebound can't break through the level, the probability that it will continue downward is even higher.
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A stable user base just wants to pump the market? With such sloppy news, it's suspicious.
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Bull-bear stalemate is just a stalemate; don't force yourself to find reasons to buy the dip.
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This wave is either a false alarm or a real test.
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SquidTeacher
· 8h ago
This position is really hard to hold, just waiting for that K-line to break through.
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RSI is already at 23 and still getting hammered, really want to kill it.
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Kalshi cooperation is pretty good, but the rumors from the exchange side are really annoying.
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The probability of a fake move feels even greater, so exhausting.
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828 is the life and death line; if broken, go straight to the hospital.
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The news is a rollercoaster, and the technical side doesn't give clear signals. I really dislike this kind of market.
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If you're trying to catch a rebound, don't expect any explosive moves; it's just a routine to cut the leeks.
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Whether accumulating or continuing to sell off, it's just a matter of these few K-lines, I bet it will continue.
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BNB Chain users are still stable, so why are the coins so weak?
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This wave, I have to wait for confirmation signals above before acting; otherwise, it's easy to get trapped.
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SchrodingerWallet
· 8h ago
Damn, the description of BNB this time is amazing, it's that kind of "can't dare to die but can't die either" feeling, super frustrating.
If the rebound can't break the level, it's really teasing us; we still have to see the exchange's attitude.
Kalshi cooperation sounds good, but with such a complicated news environment, it seems most likely to continue oscillating.
Stuck around 828, technically oversold but just can't move up, which is ridiculous.
Still need to observe a few more K-lines; this position is easy to be cut.
There is a saying in the market circle that makes a lot of sense: "Oversold without a rebound is truly dangerous; a rebound that can't break the level is just playing tricks." Today, looking at BNB's 4-hour chart, I immediately understood—this coin is now in a state of "panting on the ground from exhaustion," neither completely crashing nor having the strength to rally.
Looking at the market data makes it clear. It opened at $830.2 in the morning, with the high also at $830.2, and is now oscillating around $828, with the decline narrowed to 0.28%. This rhythm is like someone who drank three shots in the first half of the night, then stands outside a kebab shop in the second half, too breathless to breathe or vomit.
The technical analysis is even more interesting. RSI has already surged to an oversold level of 23.33, and the KDJ's J value has even broken below 10—both indicators are screaming "Stop selling, stop selling, if you sell down further, I’ll just lie on the ground and not move." The green bars on the MACD are not expanding further; the selling pressure from the bears is clearly weakening, just like two people arguing until their voices go hoarse, and they have to stop to take a sip of water.
But this doesn't mean we can directly shout "reversal is coming." The news side is currently a "double-edged sword" situation. On the positive side, BNB Chain's daily active users remain stable at around 4.32 million. Recently, the official announced a partnership with Kalshi, a compliant prediction platform—users can directly participate in real-world event predictions using on-chain BNB, effectively opening a "compliant trading window" for blockchain assets, significantly improving liquidity and efficiency.
On the news pressure side, there have been persistent rumors that "certain leading exchanges are tightening scrutiny," and market sentiment still needs more stabilization. The current situation is that the technicals have already signaled oversold conditions, but a clear upward breakout is needed to confirm the authenticity of the rebound. This level is where bulls and bears are at a stalemate—whether it will be a buildup before a breakout or a false move to continue downward depends on how the next few candles develop.