Breaking! Is Binance about to take off? Latest news + comprehensive analysis, a must-read for retail investors!
Brothers, I just came across two major pieces of news!
Binance is about to obtain a license in Abu Dhabi, with service upgrades starting in 2026! What does this indicate? Compliance is being established, which is positive in the long term! It will be more stable to use Binance in the future.
CZ personally responded to insider trading, stating that they have reported to the police and are cooperating with law enforcement, and have rewarded the whistleblower with $100,000! This attitude is commendable; at least they dare to handle it publicly rather than hiding it.
Now let’s look at the market:
The BNB 4-hour chart is currently stuck in a 'waiting for direction' phase, with the MACD still above water, but the fast and slow lines are very close, and the volume is not large. Support below is seen at 840–790; if it holds, there is still hope. However, be aware that there are signs of a death cross in the short term, so watch out for a pullback.
My opinion:
The license news is a long-term positive, but the price of the coin may not immediately surge, especially since the market is also waiting for the Federal Reserve's interest rate decision. If BNB consolidates for a while and holds around 840, it could actually be a buying opportunity. Definitely don't chase the highs!
What should retail investors do?
Hold on to your BNB, don't panic. If it breaks below 840, you can gradually buy some, focusing on the strength of the 790 support. It’s not too late to increase your position after breaking through resistance.
There’s a lot of news coming up; hold your spot, and avoid contracts as much as possible, as it can easily lead to spikes!
Want to know exactly when BNB will start? Which positions to enter decisively? Follow me, tonight I will combine the Federal Reserve news + Binance dynamics in the lord's village to highlight key points for you!
