2026-01-16 05:21:40

BNB's recent trend is quite interesting. The short-term moving average has already formed a death cross, and the 30-day line remains a significant resistance. The price encounters resistance every time it rebounds around 930 and then falls back. On the surface, the bears seem to have the upper hand, but the details reveal several clues—shrinking volume during the pullback indicates that selling pressure is weakening.

Although the rebound after dropping to 923.95 lacked momentum, it confirms that there is indeed support below. The price repeatedly hitting a wall at 930 is less a sign of bad news and more a sign that the bulls are accumulating strength at the bottom. The downward movement is becoming smaller, and trading volume continues to decline. In this situation, the space for bears to continue pushing down is actually limited.

Probabilistically, the market is likely to complete its bottom confirmation in the 900-910 range and then start a rebound. In the short term, it’s advisable to enter in stages around 900-910, with the first target between 925-930. If a breakout occurs, the next move could be towards 940. The key still depends on volume; only with increased trading volume can the rebound's sustainability be ensured.

BNB2,73%

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MiningDisasterSurvivor

· 01-19 02:59

A decline with decreasing volume indicates that no one is selling anymore. I heard this logic once in 2018, but the result was a continued drop until there was nothing left.

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MrDecoder

· 01-18 15:32

The 930 level is really a bit annoying, but the decreasing volume and pullback indicate that selling pressure is weakening, and there are still signals confirming the bottom. The entry rhythm around 900-910 should be well managed, and there is a chance to push to 925 later.

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RumbleValidator

· 01-16 05:49

Is a volume decline and pullback enough to indicate that selling pressure is exhausted? I think this logic still needs to be verified with on-chain data, as relying solely on candlestick patterns can be misleading. The repeated resistance at the 930 level suggests that the bulls are accumulating strength, but this might be overly optimistic. We need to look at on-chain activity at key verification points to determine the true buying interest.

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FlatlineTrader

· 01-16 05:48

The shrinking volume death cross may seem weak, but it's actually gathering strength. The repeated attempts to break through the 930 level indicate that the bottom support can still hold up.

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MidnightSeller

· 01-16 05:47

A decline with reduced volume is just building up strength; I buy into this logic. Entering at 900-910 is indeed prudent.

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TradingNightmare

· 01-16 05:43

The decreasing volume death cross pattern, I've heard it too many times. Every time, they say there's support, but it still drops below. Is this time really different?

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SighingCashier

· 01-16 05:32

Entering at 900-910 is indeed tempting, but I think it depends on the trading volume; otherwise, it could just be a false rebound.

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