The daily chart of BNB/USDT shows a price surge to 773.82 USDT, with a 24-hour increase of up to 20.40%. From the candlestick perspective, this wave of rise is very sudden, with significantly increased volume, directly breaking through multiple moving average resistances, and the market enthusiasm is high.
In the tone of Lu Xun, this market trend is like a long-suppressed spring thunder, suddenly breaking the silence with a loud bang. This is not just a surge in numbers, but also a release of market sentiment. Those who trade cryptocurrencies often fantasize about getting rich overnight, yet few ask whether this rise is driven by capital or a frenzy of retail investors. KOLs shout "the bull market is here," but is it truly an entry opportunity or a trap for retail investors?
From the technical indicators, the RSI is already in the overbought zone, and the MACD is also rising rapidly, suggesting there may be short-term adjustment pressure. For holders, one must be cautious of profit-taking after the surge; for observers, do not blindly chase the high. When the tide recedes, we will see who is swimming naked.
Suggestions
• Short-term players: consider reducing positions at highs to secure profits.
• Long-term holders: observe the strength of the adjustment and pay attention to the support at 700-720.
• New viewers: do not miss out on the rise out of fear, and do not fall into the trap out of greed.
"One day in the crypto world is like a year in the human world." Caution is essential; otherwise, this prosperity may vanish in an instant.