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#加密市场回调 Recently observing BNB's trend, the technical outlook is indeed not very optimistic. The price center of gravity continues to shift downward, with each rebound weaker than the previous one, always struggling below the middle Bollinger Band. More importantly, the funding sentiment is also cooperating with the bears—net outflows have already reached $31.49 million. Under this level of selling pressure, longs are clearly reluctant to buy in.
From the market structure perspective, the 880-885 zone has shifted from support to resistance. If the price rebounds to this area but cannot stay above 890, it is likely to continue searching for support. The first observation point is at 865; if this level breaks, 850 would be a decent support level. In this bearish-dominated environment, following the trend might be the wiser choice.
$BTC $BNB $ZEC