Clearing old retweets was just an AI test
CZ responded publicly, saying he deleted a large number of old crypto-related retweets only to test an AI tool and tidy up his timeline. Not a single original post was deleted, and most of the assets involved were old news about projects from previous years.
In the short term, the market is likely to see low-volume sideways movement after the negative news has been priced in. The 240–250 range is a dense concentration of positions. As long as the price holds on a retest, this is still just a shakeout and consolidation. If it pushes above 258, watch for volume confirmation; without volume, it would be a fake breakout designed to lure buyers in.
This cleanup has been overinterpreted as a signal. Those who chased the rally have already picked up positions above 250. Keep a close eye on support at 245; only a break below that would confirm a genuine weakening.
For those holding, what’s your cost basis? At this level, are you placing bids to add at 245 or waiting for a breakdown before exiting? If the broader market doesn’t cooperate, it’ll be difficult for BNB to rally on its own.
$BNB $BTC $ETH
CZ responded publicly, saying he deleted a large number of old crypto-related retweets only to test an AI tool and tidy up his timeline. Not a single original post was deleted, and most of the assets involved were old news about projects from previous years.
In the short term, the market is likely to see low-volume sideways movement after the negative news has been priced in. The 240–250 range is a dense concentration of positions. As long as the price holds on a retest, this is still just a shakeout and consolidation. If it pushes above 258, watch for volume confirmation; without volume, it would be a fake breakout designed to lure buyers in.
This cleanup has been overinterpreted as a signal. Those who chased the rally have already picked up positions above 250. Keep a close eye on support at 245; only a break below that would confirm a genuine weakening.
For those holding, what’s your cost basis? At this level, are you placing bids to add at 245 or waiting for a breakdown before exiting? If the broader market doesn’t cooperate, it’ll be difficult for BNB to rally on its own.
$BNB $BTC $ETH