Looking at the trend of BNB, it is indeed pleasing to the eye. The liquidity that needed to be washed out has been cleared, and the chips that needed to be cleaned are also mostly cleared. Now it is very stable at the bottom position.

To be honest, what is the current situation? Prices are discounted, but the chips are piling up. This signal is very important - once the energy is released, it is highly likely to surge directly, without giving too many chances to look back.

If the market really takes off, 1.1K to 1.2K is just the first target range. I can guarantee that by then, BNB won't be able to stop at all. Those who lack a stable mindset are always panicked by small pullbacks. Instead of rushing to get on board, it's better to let BNB perform a round on its own first.

As Christmas season is approaching, this period is usually a window of heightened market sentiment. The BNB Santa Rally may really be on its way.