Just saw two explosive pieces of news that could affect the subsequent market trend.



First: A leading exchange is about to obtain an operating license in Abu Dhabi, with a comprehensive service upgrade planned for 2026. What does this mean? The compliance process is accelerating, which is definitely a positive signal in the long term. Once the regulatory framework is clear, platform stability will be further ensured.

The second piece is even more direct—the platform’s founder has publicly addressed insider trading allegations, stating that a report has been filed with law enforcement and that they are cooperating with the investigation. Additionally, a $100,000 reward has been set up to encourage whistleblowing. This transparent approach is at least much better than covering things up.

Now for the technicals:
On the 4-hour chart, BNB is currently in a “wait-and-see” stalemate. Although the MACD is still above the zero line, the fast and slow lines are very close together, and trading volume has clearly shrunk. Key support below is in the 840-790 range; if this area holds, there’s still room for a rebound. However, be aware that a bearish crossover is emerging on the short-term chart, so watch out for pullback risk.

My personal take:
The license news is a long-term positive, but the price may not surge immediately, especially since the market is waiting for the Fed’s rate decision. If BNB dips first and stabilizes around 840, that could actually be a buying opportunity on weakness. Chasing highs is easy to get trapped!

Trading strategy:
If you’re holding spot, you can continue to hold—don’t get scared off by short-term volatility. If it breaks below 840, consider buying small amounts in batches, with special attention to whether the strong support at 790 holds. You can always add more once a breakout above resistance is confirmed. With major news swings lately, focus on spot trading and avoid leverage—wick risks are high.
BNB0.24%
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wagmi_eventuallyvip
· 12-09 03:51
The bulls are in position.
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down_only_larryvip
· 12-09 03:49
Confidentiality is key
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MetaMisfitvip
· 12-09 03:48
Waiting for a buying opportunity
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NeverVoteOnDAOvip
· 12-09 03:47
More compliance news
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MEVHunterBearishvip
· 12-09 03:44
Spot position entered, ready to go
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ForumLurkervip
· 12-09 03:35
This analysis is quite professional.
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just_vibin_onchainvip
· 12-09 03:22
Be patient and wait for a pullback to enter.
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