GD Culture Group's 15min chart triggers MACD Death Cross, Bearish Marubozu

In accordance with the 15-minute chart presented by GD Culture Group, a MACD Death Cross and Bearish Marubozu pattern was observed at 10:17 a.m. on October 17, 2025. This technical indicator suggests that the stock price may continue its downward trajectory, as sellers dominate the market and bearish momentum is likely to persist.

Binance Coin (BNB) has experienced a significant slowdown in its price momentum, with a double top pattern suggesting a potential 30% correction by October. The double top formation, observed near the $1,350-$1,375 area, indicates a possible trend exhaustion after a 95% year-to-date rally. The two peaks, labeled Top 1 and Top 2, mark failed breakout attempts, with the neckline support sitting around $1,100. A decisive close below this neckline could validate the double top pattern, implying a downside target of around $835. This would equate to a roughly 30% correction from current levels by the end of October or early November, according to a Cointelegraph analysis.

The recent $21.75 billion outflows from Binance, the highest recorded for a centralized exchange, have exacerbated the situation. This exodus follows the Oct. 10 liquidation crisis, where Binance's internal oracles mispriced key collateral assets, triggering a cascade of margin calls. Dr. Martin Hiesboeck, head of research at Uphold, suspects a targeted exploit on Binance’s Unified Account margin system, causing losses of $500 million–$1 billion. The accusations coincide with BNB’s rejections in the $1,350-1,375 area, reflecting shaken confidence despite Binance’s $400 million relief pledge announcement, the Cointelegraph analysis noted.

Momentum indicators also point to caution. The daily relative strength index (RSI) has entered a correction stage after slipping from its overbought territory above 70. Additionally, the Moving Average Convergence Divergence (MACD) lines show a bearish crossover, indicating fading buying strength and potential bearish momentum if BNB slips under the $1,100 support, the Cointelegraph analysis added.

Despite these challenges, BNB still trades above its key exponential moving average (EMA) supports, including the 20-day EMA near $1,155 and the 50-day EMA at around 1,042. A rebound from these EMAs, establishing them as new support, could invalidate the double top pattern. In this case, the price discovery zone sits just above the $1,350 level, which remains in play in October, the Cointelegraph analysis concluded.