Looking at BNB's recent trend, the overall momentum remains relatively weak, with prices repeatedly bouncing within that consolidation zone. From the 4-hour chart, each rebound upward encounters resistance at key levels, then turns downward. In other words, the selling pressure above is still quite heavy, and the bulls have not yet formed a stable breakout capability.

The technical indicators also do not look optimistic. The middle band of the Bollinger Bands has been suppressing the price, and the entire Bollinger Band is gradually narrowing and slightly slanting downward, indicating that the short-term direction is indeed unclear. The MACD remains below the zero line; although the green bars are shrinking, the golden cross signal has not appeared yet. The rebound is more of a weak bottoming reaction rather than a true trend reversal. As for the RSI, it has failed to stay firmly above the 50 level during several rebounds, indicating that market buying enthusiasm is still hesitant.

Combining these structural and indicator performances, my view is: it is more appropriate to short during rebounds rather than chase the rally. Specifically, you can consider short positions in the 845-855 range, with the first target around 835-830. This approach aligns better with the current rhythm.