From the market structure perspective, BNB short- and medium-term cycles are both bearish, with dense resistance and fragile support. Moving averages are in a bearish alignment, Bollinger Bands are continuously opening downward, and the price is moving along the lower band. The bears are in control.
Do not be disturbed by minor rebounds, avoid impulsive bottom-fishing entries, and patiently wait for high-probability, high-confidence short entry points. Maintain a clear mindset and stable rhythm. The key to long-term market presence is to stick to principles and follow the trend.
Trading suggestion: Short around 665-671, targeting 636-630.
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From the market structure perspective, BNB short- and medium-term cycles are both bearish, with dense resistance and fragile support. Moving averages are in a bearish alignment, Bollinger Bands are continuously opening downward, and the price is moving along the lower band. The bears are in control.
Do not be disturbed by minor rebounds, avoid impulsive bottom-fishing entries, and patiently wait for high-probability, high-confidence short entry points. Maintain a clear mindset and stable rhythm. The key to long-term market presence is to stick to principles and follow the trend.
Trading suggestion: Short around 665-671, targeting 636-630.