The market's recovery momentum has clearly slowed down. This round of BNB's rebound stalled near 900, where there's quite a bit of selling pressure, and the influx of new funds isn't keeping up, so pushing further upward is getting difficult. In the short term, the probability of a pullback is increasing.
The current price level is actually quite suitable for setting up short positions. Strategically, you can enter shorts in batches within the 900-920 range. If the price lingers at the resistance level and shows signs of stagnation, that's a signal to add to your position. The initial target is 870, and if that breaks, you can continue to hold within the 855-845 range.
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MEVHunterNoLoss
· 12-03 03:19
It got stuck around 900, the selling pressure is really intense. Where’s the new inflow of funds?
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Is it about to start pulling back again? Can it drop to 870 this time? Feels like the selling pressure is persistent.
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Short positioning? I think it’s possible, this level does feel a bit shaky.
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As soon as there are signs of stagnation, it’s time to add positions. This strategy works well.
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BNB always gets stuck here; when will it finally break through?
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Is 855-845 the bottom, or will it keep dropping?
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Going short now feels a bit tense, worried a rebound will stop me out.
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If the funds aren’t keeping up, what does that mean? Probably nobody wants to push it up anymore.
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Buying in batches at 900-920? I’ve heard this strategy way too many times.
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Lingering around the resistance level, it really does look like there’s no momentum left.
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0xLuckbox
· 12-03 03:18
900 is really an awkward spot here, with such heavy selling pressure, how can it break through?
BNB's rhythm feels like it's time for the bears, will we see 870?
If the funds can't keep up, it's time to admit a correction is coming, right?
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MemeCurator
· 12-03 03:16
The 900 level is indeed quite tough; it feels like the selling pressure really can't be held back.
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RugPullAlarm
· 12-03 03:16
The 900 price level is indeed interesting. I checked the on-chain data, and the concentration of large holder addresses has clearly increased in the past couple of days. I need to take a closer look at who's selling behind the scenes.
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FunGibleTom
· 12-03 03:15
Stuck at 900? This selling pressure is insane. With such poor liquidity, thinking about pushing higher is just wishful thinking.
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ForkTongue
· 12-03 03:13
The 900 level really isn't that easy to break through, and the liquidity does seem a bit weak. It looks like it's time for the bears to take the stage.
But wait, could this be another one of those situations where it suddenly surges after stalling for a bit... I've seen this trick way too many times.
If 870 actually breaks, then I'll believe it. For now, it's better to stay on the sidelines and not rush in.
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OldLeekConfession
· 12-03 03:12
The 900 level is indeed under heavy pressure; it feels like it's about to drop.
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GateUser-a606bf0c
· 12-03 03:10
The 900 level feels really tough, the liquidity isn't looking too good.
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Hmm... I can clearly see the signal of stagnation, the bears do seem interesting.
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Can 870 hold? I need to take another look.
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Has the buy signal appeared yet? I'm not quite sure.
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This pullback came pretty fast, and the rebound is definitely a lot weaker.
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WalletDetective
· 12-03 03:06
That 900 level really couldn't hold, you can tell at a glance the main players are selling.
The short side is a bit tempting, but I still want to wait and see.
BNB, this crappy thing, just keeps messing around.
This pullback... can it really drop to 845? Seems unlikely.
It'll be interesting only if 870 actually breaks.
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FromMinerToFarmer
· 12-03 02:53
Started dumping at 900, I knew this rally was weak.
#数字货币市场回调 12.3 Morning Session Observation:
The market's recovery momentum has clearly slowed down. This round of BNB's rebound stalled near 900, where there's quite a bit of selling pressure, and the influx of new funds isn't keeping up, so pushing further upward is getting difficult. In the short term, the probability of a pullback is increasing.
The current price level is actually quite suitable for setting up short positions. Strategically, you can enter shorts in batches within the 900-920 range. If the price lingers at the resistance level and shows signs of stagnation, that's a signal to add to your position. The initial target is 870, and if that breaks, you can continue to hold within the 855-845 range.
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