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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.