Recently, the MACD indicator has shown some noteworthy changes. Although the histogram is still in the negative value range, its length is shortening, indicating that the long positions are gradually weakening.

At the same time, the strength of short positions may be about to rise, which is undoubtedly a bearish signal. From a medium-term trend perspective, the market seems to lean more towards the bearish direction. In this case, investors should act cautiously and avoid going against the trend.

For investors intending to trade, it may be worth considering a short selling strategy when the BNB price reaches the range of 1025-1030. Potential downside targets could reach price levels of 1000, 980, or even 950.

However, investors should also closely follow market dynamics and macroeconomic factors, such as the U.S. government budget issues and the remarks from Federal Reserve officials, as these could have a significant impact on the cryptocurrency market. In addition, the competitive landscape in the perpetual contract DEX space is also worth continuous attention, as it may influence the performance of mainstream cryptocurrencies like BNB, BTC, and ETH.

In any case, thorough research and risk assessment should be conducted before making any trading decisions. The cryptocurrency market is highly volatile, and investors need to remain cautious and rational.