Last night, after watching the Federal Reserve interest rate meeting, the BNB trend indeed confirmed market expectations—initial rise followed by decline. Now, the technical indicators show clear signs of weakening: both the MACD fast and slow lines have fallen below the zero line, and a death cross has been established. This is not a normal correction but a warning of a possible trend reversal.

**The macro environment is tightening**
The signals from the Federal Reserve are more complex than they appear on the surface. The dot plot indicates that only one rate cut might occur next year, and the "higher for longer" monetary policy path is expected to last longer than previously thought. The market's hopes for liquidity easing have largely been dashed. More importantly, internal disagreements are serious—even professional institutions report ongoing disputes among decision-makers, which means every future policy step will be unpredictable, and market volatility will increase significantly.

Powell's wording at the press conference is noteworthy: "cooling labor market" and "upward inflation risks." Interpreted simply, it means: the economy is under pressure but not yet at a level requiring aggressive intervention. For risk assets like cryptocurrencies, the lack of policy "anesthesia" support has already been proven by Bitcoin's quick rise and fall—positive news being priced in is itself negative.

**Technical deterioration**
Looking at the 4-hour chart, the MACD indicator has fallen below the zero line and formed a death cross, a typical sign of increasing downward momentum. The resistance level at 907 is moving further away, and reaching 930 in the short term is unlikely. The key support at 877 has already been broken, repeatedly falling below the 860 threshold.

Current situation: technical breakdown combined with weakening macro support suggests a higher probability of continuing to seek lower support levels in the future, rather than quickly reversing upward. In the face of the trend, don't try to hard-fight.