《Strong Rebound----BNB Strategy Update》
After CPI announced the good news today, the main force took advantage of the good news to dump the market, as we predicted. What we didn’t expect was that the opening of the US stock market led to the rise of Bitcoin
Pay attention to whether the position of 57900 can break through and stabilize. This is a pressure point. After stabilizing, the pressure point will become a support point and there will be another rebound. The current support point is around 56800
The trend of Ethereum is sluggish again. There is a weak support near 2330, and the pressure point is around 2400. The 4-hour trend is bullish, and the daily level has not turned around yet, and it is still a downward trend
In the rise of the previous two days, most of the currencies have reduced their positions, but BNB, which we last added to the position near 506, has not reduced its position. Now we can reduce our position near the current price of 534.4.
It is likely that there will be a pin when the unemployment benefits are announced at 8:30 tomorrow night. It is tentatively scheduled to be added to the position near 516.3. Now BNB is in a good trend. In the 4-hour view, it has broken through the middle track of the Bollinger Bands and stood firmly at the position near 530. It will soon usher in a decent rebound.
