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The so-called 'good news' in the crypto circle are mostly tools for the main players to harvest—today's BNB market movement is so obvious that they didn't even bother to make it confusing.
When I opened the candlestick chart this morning, I was a bit confused: on one side, a new high of 954.9, and on the other side, a net outflow of 430,000 USDT. Then I looked at the news—this is not a market trend at all, but a trap set by the main players for retail investors.
**How deep is the套路 of the news?**
The hottest news today is the review of the CLARITY bill. The bill indeed aims to legitimize crypto assets, but two details are crucial—it's still in the initial review stage in the House of Representatives, and it will take more than three months to actually implement; today, the market didn't see any large funds truly entering.
Thinking back to April last year during the SOL rally: there were rumors that the SEC would loosen regulations on SOL, and SOL surged 15% that day, looking very hot. But the net inflow was negative, and it dropped back in the afternoon—today's BNB pattern is exactly the same. Using forward-looking positive news to pump the price, in reality, the main players are taking the opportunity to offload. To put it plainly, today's news is not a booster but a smoke screen by the main players.
**Technical signals are already very clear**
Looking at the technical side, three signals can confirm the subsequent script:
Divergence between volume and price is the most straightforward—when the new high of 954.9 was reached, the trading volume actually shrank. This is a classic top signal in trading. The price pushes upward, but trading activity cools down, indicating there are no more buyers above.
The 954 level is the ceiling set by the main players to attract more buyers.
Retail investors are easily attracted by such new highs; chasing the top at that moment is the easiest way to get trapped. Don't be fooled by the hype in the news; technical analysis reveals the true battle for funds.