$BNB Right now it looks like there's support underneath preventing a deep drop, but it's all fake. Short-side selling pressure has been building up in the dark. 583 is definitely not the bottom of this correction.



Currently, this kind of shrinking volume and narrow price oscillation is not a sign of stabilization. To put it bluntly, it's the accumulation of momentum before a big crash.

Short near 585-590, target 570, 560.
$HYPE $LAB #Strategy上周减持3588枚BTC #Vitalik公布精简以太坊路线图
BNB-0.46%
HYPE-0.40%
LAB-16.36%
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ReflectionsOnTheStreetAfterThe
· 47m ago
The ETH roadmap has been streamlined, while BNB is still dragging. Funds are clearly not being kept in scammy altcoins.
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LpGrandma
· 54m ago
585-590 short? Let me watch, afraid of fake breakout.
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ExitLiquidityEddie
· 54m ago
This analysis has something to it, the 583 false support does look precarious.
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AirdropCartographer
· 2h ago
The phrase "bearish gathering momentum" is vivid, waiting for a volume confirmation.
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