$BNB Drops From 740 to Under 690 in 30 Minutes as Bitcoin Breaks Below 79,000 📰
🕒 Updated: Oct 29, 20:45 UTC · BNB 693.8 · Bitcoin 78,822
A sharp sell-off just hit the whole market. BNB fell from about 740 at 20:15 UTC to a low of 689 by 20:40, and Bitcoin slid under 79,000 to 78,822, its lowest point of the day. Only 5 of the 60 most traded coins on Binance are green.
📌 WHAT'S MOVING
• BNB -7.9% at 693.8 on 287M of volume.
• Bitcoin -2.8%, ETH -4.0% at 2,259, SOL -5.4% at 96.72, XRP -6.8% at 1.240.
• We have not found a confirmed single cause yet; the selling hit almost every major coin at the same time.
• Honest scoreboard: our 03:26 UTC BNB long was stopped out at 732 before this drop. Our 20:12 UTC ETH short (entry near 2,314) is now in profit.
👀 WHAT TO WATCH
For BNB the level is 689, tonight's low. Fast drops like this often get a relief bounce; losing 689 would mean sellers are not done.
💡 Bottom line: high volatility right now. Chasing shorts after an 8% candle is risky, and so is catching the knife. Smaller size, wider stops.
👉 Tap $BNB to open the live chart. NFA
🔥 NEW TO BINANCE?
✅ No Binance account yet? Sign up with referral code SQUAREGINOS and get a 10% kickback on your Futures trading fees.
👇👇👇
Sign up on Binance here (10% Futures fee kickback)
━━━━━━━━━━
Relief bounce from here, or is this the start of a bigger flush? 👇
Follow Crypto Signals and Analysis for daily signals.
#cryptosignals #BNB #MarketUpdate
⚠️ Crypto is volatile: risk only what you can afford to lose.
🕒 Updated: Oct 29, 20:45 UTC · BNB 693.8 · Bitcoin 78,822
A sharp sell-off just hit the whole market. BNB fell from about 740 at 20:15 UTC to a low of 689 by 20:40, and Bitcoin slid under 79,000 to 78,822, its lowest point of the day. Only 5 of the 60 most traded coins on Binance are green.
📌 WHAT'S MOVING
• BNB -7.9% at 693.8 on 287M of volume.
• Bitcoin -2.8%, ETH -4.0% at 2,259, SOL -5.4% at 96.72, XRP -6.8% at 1.240.
• We have not found a confirmed single cause yet; the selling hit almost every major coin at the same time.
• Honest scoreboard: our 03:26 UTC BNB long was stopped out at 732 before this drop. Our 20:12 UTC ETH short (entry near 2,314) is now in profit.
👀 WHAT TO WATCH
For BNB the level is 689, tonight's low. Fast drops like this often get a relief bounce; losing 689 would mean sellers are not done.
💡 Bottom line: high volatility right now. Chasing shorts after an 8% candle is risky, and so is catching the knife. Smaller size, wider stops.
👉 Tap $BNB to open the live chart. NFA
🔥 NEW TO BINANCE?
✅ No Binance account yet? Sign up with referral code SQUAREGINOS and get a 10% kickback on your Futures trading fees.
👇👇👇
Sign up on Binance here (10% Futures fee kickback)
━━━━━━━━━━
Relief bounce from here, or is this the start of a bigger flush? 👇
Follow Crypto Signals and Analysis for daily signals.
#cryptosignals #BNB #MarketUpdate
⚠️ Crypto is volatile: risk only what you can afford to lose.
