Nano Labs 15min Chart Shows Bollinger Bands Expanding Downward, Bearish Marubozu Formed

Nano Labs' 15-minute chart has recently triggered a downward expansion of Bollinger Bands, accompanied by a bearish Marubozu candlestick pattern at 09:45 on 12/09/2025. This suggests that market momentum is currently being driven by sellers, who are exerting control over market direction. Given this bearish momentum, it is likely that bearish trends will continue.

Nano Labs, a Hong Kong-based chip maker, recently invested $50 million in Binance's altcoin, Binance Coin (BNB), through an over-the-counter (OTC) transaction Binance Coin (BNB)^[1]. This investment aimed to own up to 10% of BNB, indicating significant confidence in the cryptocurrency's potential. However, recent market signals suggest a shift in sentiment.

On September 12, 2025, Nano Labs' 15-minute chart triggered a downward expansion of Bollinger Bands, accompanied by a bearish Marubozu candlestick pattern at 09:45. This pattern indicates that market momentum is currently being driven by sellers, exerting control over market direction. The bearish momentum suggests that bearish trends may continue, potentially impacting BNB's price and Nano Labs' investment.

Binance Coin (BNB) has shown resilience in the face of general market pessimism, with a notable 7.5% rise in price despite the broader crypto market's trepidation . However, the recent downward expansion of Bollinger Bands and the bearish Marubozu candlestick pattern may indicate a reversal in BNB's upward trend. The bearish momentum could be driven by factors such as increased market volatility, trade tensions, and geopolitical factors.

The potential bearish trend in BNB may have implications for Nano Labs' investment. If BNB's price continues to decline, Nano Labs' $50 million investment could face significant losses. However, it is essential to note that the market is highly volatile, and cryptocurrencies are known for their price fluctuations.

In conclusion, while Nano Labs' investment in BNB demonstrates confidence in the cryptocurrency's potential, recent market signals suggest a shift towards bearish momentum. Investors should monitor the market closely and consider the potential risks associated with BNB's price volatility.