What is hidden behind the "split phenomenon" in the $BNB market?
Recently, an interesting event occurred. The attitudes of traders on different platforms for the same cryptocurrency are completely opposite — over 64% of users on a leading exchange are actively going long, while nearly 70% of users on some other platforms have chosen to go short during the same period. What does this extreme emotional divergence actually mean?
The technical analysis has given us the answer. The BNB price is firmly trapped at the key level of 878, bouncing back and forth like a mouse trap, unable to break through. Meanwhile, the main funds are continuously flowing out—this is usually not a signal for selling, but more like waiting for something.
Market studies tell us that when a certain variety gathers extreme bullish and extreme bearish forces simultaneously, the main players often collect "dual fuel". Nobody knows which direction it will hit, but it will definitely be a one-sided massacre.
Rather than getting entangled in emotional divisions, it's better to focus on the price itself. The resistance at 860 is a good entry point for shorting, with the initial target set at 840; if it breaks, it will head straight for 810. Logic is more trustworthy than luck; making decisions based on data and positioning is always more reliable than following the crowd. Don't gamble on market psychology; only trade based on price logic.
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GateUser-4745f9ce
· 12-22 21:53
878 is stuck tight, this is accumulating power, just waiting for an explosion.
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DefiPlaybook
· 12-22 21:52
64% go long vs 70% shorting, this data itself is quite strange. According to on-chain data, the market maker funds continue to flow out along with price suppression, which indeed points to a certain accumulation characteristic. It is worth noting the repeated impact pattern at the 878 position, which from a technical perspective does not look much like a simple fluctuation.
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ZenZKPlayer
· 12-22 21:40
It's ridiculous that 878 has been stuck for so long... Is this market maker really holding back a big move?
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MiningDisasterSurvivor
· 12-22 21:31
Here it comes again, I've been tired of this "dual-fuel" rhetoric since 2018, and what happened? The market maker plummeted and slaughtered everyone.
What is hidden behind the "split phenomenon" in the $BNB market?
Recently, an interesting event occurred. The attitudes of traders on different platforms for the same cryptocurrency are completely opposite — over 64% of users on a leading exchange are actively going long, while nearly 70% of users on some other platforms have chosen to go short during the same period. What does this extreme emotional divergence actually mean?
The technical analysis has given us the answer. The BNB price is firmly trapped at the key level of 878, bouncing back and forth like a mouse trap, unable to break through. Meanwhile, the main funds are continuously flowing out—this is usually not a signal for selling, but more like waiting for something.
Market studies tell us that when a certain variety gathers extreme bullish and extreme bearish forces simultaneously, the main players often collect "dual fuel". Nobody knows which direction it will hit, but it will definitely be a one-sided massacre.
Rather than getting entangled in emotional divisions, it's better to focus on the price itself. The resistance at 860 is a good entry point for shorting, with the initial target set at 840; if it breaks, it will head straight for 810. Logic is more trustworthy than luck; making decisions based on data and positioning is always more reliable than following the crowd. Don't gamble on market psychology; only trade based on price logic.