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CryptoPhoenix

2025-11-17 00:00:56

#数字货币市场调整 11.17 BNB Morning Observation Notes

Today BNB is moving quite complicated.

The price closed at 927.95, down 0.47%, which is neither here nor there. The key point is that the entire market clearly shows hesitation — the Bollinger Bands are as narrow as a line, with the upper band at 946.53 and the lower band at 910.12, and the price is just hovering around 928 in between. You know this kind of pattern, it's the calm before the storm.

I checked the MACD, and the DIF (-7.22) and DEA (-8.22) have just crossed above the zero line, with the histogram turning positive to 2.00, indicating that the rebound momentum is still strong. However, the issue is that the funding situation is not very supportive, with a net outflow of 3.07 million dollars, and the market is in a wait-and-see mode, with no one willing to take the initiative.

**Several critical positions:**
The 908 level must be defended, as this is the key support since the rebound from 887. If we lose this level, we basically have to look towards the 880-890 range.

Looking up, 935 is a barrier. Only by breaking through can we open up the space between 965-975; otherwise, we'll continue to linger in this range. 928 (Bollinger middle track) has now become the place for the bulls and bears to wrestle; if it can't hold, it's over, but if it stabilizes, there is a chance.

The 4-hour chart is more obvious, with all the moving averages sticking together, and the MA7 and MA30 are about to embrace. This is the most torturous time, as there are pitfalls on both sides before the direction emerges.

**My thoughts:**

- If you want to go long, wait for a pullback to 915-910 before making a decision, as there is support there. Initially, target 930-940. If it breaks through 935 and comes back to confirm, then you can chase it up, and reaching 965-975 shouldn't be a big problem.

- The short selling opportunity is in the range of 940-945. If there is resistance, you can give it a try. Set the stop loss above 950 and the target at 925-920. If it breaks below 908, a rebound will also be a short opportunity, directly looking at 890-880.

But to be honest, I don't really want to go heavy at this position right now. The Bollinger Bands are so narrow, it could either pump or dump; don't make wild guesses before the direction is clear. It's fine to try with a light position, but make sure to set tight stop losses.

Just wait, the market will give the answer. If it breaks through, follow it; if it breaks down, withdraw. Don't be too hard on yourself.

$BNB

BNB-1.24%

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MintMaster

· 18h ago

With the Bollinger Bands so tight, who would dare to take a Heavy Position? I'm also waiting for a clear direction before making a move. --- The 928 level is quite interesting; if it can't break 935, we really have to keep grinding. --- A net outflow of 3.07 million and still expecting a rise? Dream on, let's see where the breakout is. --- This kind of market is the most annoying, there are traps on both sides; a Light Position for testing is the safest. --- If 908 can't hold, directly look at 880; there's really no need to get caught up in it. --- The MACD has formed a golden cross pattern, but the funds are weak; how to play this contradictory situation? --- The rebound hasn't lost its momentum yet; you can wait for a pullback to 910 to test going long. --- Shorting in the 940-945 range, keep the stop loss tight, it's not a big deal. --- Don't be too hard on yourself; this phrase really hits home. How many people have gotten trapped like this? --- With this price action, rather than guessing the direction, it’s better to wait for a breakout. Once confirmed, then make a move.

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AlphaLeaker

· 18h ago

The Bollinger Bands are squeezed like this, with pits on both sides, really torturous. --- Whoever breaks through the 928 barrier first wins, it's a range-bound battle now. --- A net outflow of 3.07 million dollars, the market is watching the show, and I'm watching too. --- Wait for the direction to emerge before acting, don't guess blindly, Light Position is the most comfortable. --- 908 must be defended, if lost, it goes directly to 880, no negotiation. --- Break through 935 and then chase 965, now Heavy Position is courting death. --- MACD has just formed a golden cross pattern but lacks momentum, stay alert. --- This pattern belongs to the calm before the storm, just sitting here waiting. --- Try a short order at 940-945, set a tight stop loss, don’t be reckless. --- The moving averages have all stuck together, the indicators are not very reliable, only focusing on support and resistance.

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WhaleWatcher

· 18h ago

The Bollinger Bands have narrowed to a line, I'm familiar with this rhythm, just waiting for that breakout moment. --- The 928 position is being held tightly, both bulls and bears are uncomfortable. --- I agree that not wanting to take a heavy position is wise; it really is a gamble on direction right now, and it's easy to get hit. --- Pull back to 910 and then enter a position; this approach is much steadier. --- Funds are on the sidelines, indeed no one wants to be a martyr. --- Wait for the breakout, this statement is sound; just don't mess around and you'll make money. --- If 935 can't break, it feels like we'll have to grind for a while longer. --- In this kind of formation, you should try with a light position, don’t be greedy.

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SurvivorshipBias

· 18h ago

The Bollinger Bands are so narrow, it's really tormenting, there are pitfalls on both sides. If 908 can't hold, I'll just take my losses and leave. 928 is indeed a key position, but with the funds being so cautious now, it feels like it will take a while longer. It only gets interesting if it breaks 935; otherwise, just continue to lie flat. Try a Light Position, and the stop loss must be tight; this kind of market is the easiest to suffer huge losses.

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ParanoiaKing

· 18h ago

928 is really torturing at this position, can't go down or up --- The Bollinger Bands are narrow as a line, just waiting for the wind --- 908 must be held, otherwise it will bleed out --- Capital net outflow of 3.07 million, no wonder no one dares to move --- Me too, now I'm watching with a Light Position, don't mess around until the direction is clear --- Only interesting if it breaks 935, otherwise it's just repeatedly Cutting Loss --- All moving averages are stuck together, this kind of market is the most troublesome --- Rather than guessing, it's better to wait for confirmation signals, don't fight against yourself --- If it breaks 908, it will go straight to 880, betting on this wave --- 930-940 is the safe target for long orders

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ILCollector

· 18h ago

The Bollinger Bands are sticking together like a line, this is ridiculous. The 928 price level is too tight, it feels like it will either pump or crash directly, with no middle ground.

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DAOdreamer

· 18h ago

928 this frustrating position really makes people uncomfortable, both sides are blocked tightly --- The Bollinger Bands being this narrow is indeed annoying, rather than making blind moves, it's better to wait for a breakout signal --- 3.07 million dollars net outflow, no wonder no one dares to act first, the sentiment of waiting and seeing is too strong --- 908 must be defended, if lost, directly look at 880, this support point is too crucial --- I also think it's not the right time to have a Heavy Position now, Light Position trial and tight stop loss is the way to go --- If 935 breaks through, it will be a signal, but the premise is to stabilize, otherwise it will continue to drag on --- MACD golden cross pattern occurred but funds haven't followed, which is quite awkward, it's hard to say how far the Rebound can go --- Let's wait for direction, rather than getting tangled here, it's better to wait for the market to give signals, don't wrestle with yourself.

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