$BNB just lost $700 with 73% of accounts long at 07:00 UTC.
Finnhub has it at $696.58, down 1.70%. CoinDesk reported $4.65B of withdrawals against $1.01B of deposits — money walking out while longs piled in.
I'm leaning bearish — $693.77 hasn't broken, and $700 back flips this.
If $693.77 breaks, $680 is next. Holds, and $716 is the test back. Reclaiming $700 proves me wrong.
Fade the crowd, or wait for $700?
Not financial advice. DYOR.
#BNB #BinanceHack #CryptoMarkets
Finnhub has it at $696.58, down 1.70%. CoinDesk reported $4.65B of withdrawals against $1.01B of deposits — money walking out while longs piled in.
I'm leaning bearish — $693.77 hasn't broken, and $700 back flips this.
If $693.77 breaks, $680 is next. Holds, and $716 is the test back. Reclaiming $700 proves me wrong.
Fade the crowd, or wait for $700?
Not financial advice. DYOR.
#BNB #BinanceHack #CryptoMarkets
