Hello friends, I am Honghu! Has BNB's rise allowed you to profit? It can't rise now, how will the market move after a downward fluctuation? Let Honghu analyze the market for you and point you to a clear path!
News front
Tonight at 21:15, the global market will welcome the small non-farm ADP employment data. This is not just an ordinary message, but a nuclear bomb that can directly trigger global risk assets. The core logic is just two points: poor data → strengthens the Fed's rate cut expectations → crypto market surges; good data → delays rate cut expectations → market-wide correction. The fate of BNB's long and short positions will be determined after the data is released.
Technical Analysis
The 1-hour chart has already outlined the battlefield for tonight's battle:
Bullish attack target: 910. This is a solid resistance level that has been difficult to break recently; a breakthrough and stabilization here will open up upward space.
Bearish sniper defense line: 870. This is the recent bottom of the oscillation platform; once it breaks down with volume, the trend will instantly turn bearish, with the target aiming directly at the 850-840 area.
The current price is oscillating near 890 with reduced volume; the so-called golden cross on water is meaningless in front of macro data; the market is just silently waiting for the trigger.
My view
Any directional prediction is gambling; the only thing that can protect you is the cold trading discipline. The golden cross and death cross are about to change; the short-term market will oscillate sideways, and there is no need to rush into action right now. The exciting part for today will be the release of the small non-farm payrolls tonight! If it breaks through 910 with volume after the announcement, wait for a pullback near 905 to try a light long position, with a stop loss set below 900. If it breaks down with volume below 870: absolutely do not catch the falling knife! Patiently wait for the price to drop to the strong support zone of 850-840 and wait for a clear reversal candlestick before considering a light position for a rebound.
The true trading wisdom lies in knowing when to stand still. Tonight, let the data and the market make the first choice, and we just need to pull the trigger on our plan. Remember, surviving is the only way to see tomorrow's sun. Follow Honghu, and let it guide you through every storm with top-notch discipline. Follow Honghu and participate in every attack it makes! Honghu will announce specific entry times and real-time news in the chat room every day!#美联储重启降息步伐 $BNB
