BNB's current price is hovering above 620. Since the last rebound, it has not effectively broken through the resistance pressure level at 650, and the overall trend remains weak. In the short term, the price has been trading below the key moving averages without any follow-through on the rebound, with volume failing to provide adequate support—this is a typical weak consolidation structure.



On the four-hour timeframe, the overhead suppression is gradually shifting lower, and the bearish pace has taken the initiative. The market overall is still in a bearish environment. Combined with the recent range, the 640 area above has never managed to hold firm, and the bulls lack sustained strength.

The intraday outlook is mainly bearish. Pay attention to resistance in the 625-630 zone above; if the rebound fails to break, consider entering short positions in batches. First look for 610 below—if 600 is lost, there is room for a further pullback toward around 580.

As the saying goes, a rebound is an opportunity—join in with high shorts as you follow the trend.
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BNB0.76%
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