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BNB’s low-point is being lifted not because bulls are strong, but because sell orders around 614 have dried up, and the bears can’t drive it down further. The drop from the new high with no increase in volume is passive turnover rather than distribution. The center of gravity shifting upward and volatility narrowing means upward compression to build energy. The market is generally hesitant; as long as 610 holds, the next move is very likely not a slow grind higher, but a rapid catch-up rally after being suppressed.
Trading recommendation: Go long in the 610-614 range, with targets at 630-635
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