BNB rebound is weak, and the downward trend is obvious.



The 4-hour K-line shows a clear downward trend, with recent candles continuously closing green. The price has been steadily falling from previous highs, and during the decline, the rebound strength is very weak, indicating a dominant bearish market.

Currently, the strategy is mainly to short on rallies, and not to consider bottom-fishing for longs. Capital outflows and weak rebounds make contrarian long positions extremely risky.

BNB is recommended to short around 850, 860 with targets at 830, 810.
BNB-1.07%
SOL-1.36%
XRP-1.36%
ETH-0.6%
BTC-0.37%
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