#数字资产市场动态 BNB daily chart is trapped in a typical bearish deadlock. The MACD momentum continues to weaken, and the RSI(14) has been hovering in the 42-48 range for a long time, firmly below the neutral line of 50, making it impossible for the bulls to hold the market.
More disheartening data comes from off-chain — the derivatives market has significantly cooled down. From the $2.97 billion in open contracts in October, it has dropped to the current $1.28 billion, indicating that investor enthusiasm is rapidly fading. The shrinking trading volume is not just superficial; on-chain trading activity has also quietly declined by 47%, with funds clearly on the sidelines, which is far from enough to support any rebound.
This situation essentially sets the short-term bearish pattern — without new capital entering, there is no bullish momentum to support a rally.
**Recent trading strategy**: The 870-850 region can be considered for short-term buy orders. If broken, look towards the 830 support level. $BTC $BNB $ZEC
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ForumLurker
· 14h ago
Uh, the contract was cut from 29.7 to 12.8, the enthusiasm has dissipated a bit quickly. Who dares to buy the dip if no one is willing to take over?
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Once again falling below 850, I'm tired of this routine.
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Does waiting on the sidelines mean there's no chance? Not necessarily.
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On-chain activity has dropped 47%, this data can't hold up anymore.
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Let's wait until 830, anyway there's no hope now.
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The bulls are dead, that's a bit of an absolute statement, but it is indeed tough.
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Derivatives contracts halved, now that's the most heartbreaking.
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No, why must we chase the bears? Is there a possibility of a rebound?
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Can you still make money with a short position at 870? Is it too late to enter now?
View OriginalReply0
DefiEngineerJack
· 14h ago
well, *actually* if you look at the on-chain metrics here, that 47% drop in volume is the real tell... anyone trading this without formal verification of support levels is just gambling tbh
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MysteryBoxAddict
· 14h ago
All the funds have been withdrawn. What should I buy now?
View OriginalReply0
JustHereForMemes
· 14h ago
The contract popularity has plummeted so sharply, who still dares to buy in?
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A 47% drop in activity is a bit scary; it’s true that no one is really playing anymore.
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Funds are on the sidelines, in other words, everyone is scared. Let’s wait and see.
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If the 830 support level can’t hold, what’s next?
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From 3 billion down to 1.3 billion, investors are fleeing very quickly.
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MACD is declining + RSI is heavily suppressed, bulls really have no chance.
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Short-term Danning orders can be a gamble, anyway, there’s no better option.
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On-chain activity quietly declining, that’s the most heartbreaking part.
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No incremental funds means a deadlock; all technical analysis is useless.
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The 870-850 zone looks precarious; a breakdown is only a matter of time.
View OriginalReply0
FlatTax
· 14h ago
Derivative contracts are almost cut in half, what are you waiting for a rebound... funds have already fled.
View OriginalReply0
CodeZeroBasis
· 14h ago
Wow, these numbers are incredible. Dropping from 29.7 to 12.8, funds are fleeing extremely fast.
To be honest, I saw this bearish situation coming early on, but no one is willing to take the bait.
I've been watching the 870-850 range, gonna gamble and give it a try.
#数字资产市场动态 BNB daily chart is trapped in a typical bearish deadlock. The MACD momentum continues to weaken, and the RSI(14) has been hovering in the 42-48 range for a long time, firmly below the neutral line of 50, making it impossible for the bulls to hold the market.
More disheartening data comes from off-chain — the derivatives market has significantly cooled down. From the $2.97 billion in open contracts in October, it has dropped to the current $1.28 billion, indicating that investor enthusiasm is rapidly fading. The shrinking trading volume is not just superficial; on-chain trading activity has also quietly declined by 47%, with funds clearly on the sidelines, which is far from enough to support any rebound.
This situation essentially sets the short-term bearish pattern — without new capital entering, there is no bullish momentum to support a rally.
**Recent trading strategy**: The 870-850 region can be considered for short-term buy orders. If broken, look towards the 830 support level. $BTC $BNB $ZEC