December 25th, from a technical perspective of BNB:



**4-Hour Chart**
BNB has been oscillating upward recently, but the momentum of this rebound has almost been exhausted. The price encountered resistance at the key pressure line of 880-890, tried several times but failed to break through. Currently, the candlestick pattern has shifted, showing some signs of weakness. Selling pressure is beginning to increase, which is a signal.

**Looking at the 1-Hour Chart**
The KDJ indicator shows a clear downward divergence at the top, indicating that the short-term bullish momentum is waning. Although the price is still near the middle band of the Bollinger Bands, overall it is oscillating slightly at a high level, lacking the strength to continue upward. This state usually suggests a pullback is needed to correct the overbought condition of the indicator.

**Comprehensive Analysis**
From multiple timeframes, BNB is currently in a correction phase after being rejected from a high. Before a valid breakout of the previous high, a short-term strategy could consider establishing short positions at the high points where the rebound is met with resistance.

**Suggested References**
- Short entry: around 880-895
- First target: 850
- Second target: 820-830 range
- If the 820 support is broken effectively, the short-term downside could further extend, with attention to support levels at 800 and even 780.
BNB-1.11%
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GasFeeCriervip
· 15h ago
If 880 can't be broken, and you're still testing repeatedly, the momentum is indeed weak. I believe short positions can indeed go up...
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CascadingDipBuyervip
· 15h ago
The 880 level indeed didn't break through, I knew it would turn out like this... Short positions definitely should be entered.
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ChainDoctorvip
· 15h ago
The hurdle at 880 has indeed been stuck, feels like a wave of adjustment is coming today.
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