Shu Qin, BNB has plummeted! Is the rally over? Can we go long on Bitcoin now? Hurry and take a look.

1. First, let's talk about BNB's sharp decline, which isn't very mysterious—it's simply a correction after all the good news has been exhausted. As shown in the chart, it was set to release a new feature on June 1st, surged 20% beforehand, and today, after the good news was fully priced in, it started to pull back. So, the question is, will it rise again?
2. Actually, once the good news is reflected, the narrative is over, and there are no clear buy or sell signals. Yesterday, we advised everyone to set up short positions; as shown in the chart, you could take profit from this pullback after the good news was priced in. Capture the confirmed move, and if there are good trading opportunities, we’ll act again.
3. Then, it looks like Bitcoin also has a chance. It fell near the previous low of around 72.6k yuan. We already caught two rebounds here before, and this is the third time. Honestly, I usually only take two hits on support and resistance levels; the third time, I can only try with a small position. Not doing anything is also fine—wait for new levels.
4. If we go long at 72,700 yuan, we can take profit around 74k yuan with a small resistance, and then set a short near 75.5k yuan. When the opportunity comes, act quickly—see if the market gives us a chance. Will there be a sudden positive development in the Iran-U.S. talks?
5. Speaking of the small resistance at 74k yuan, we also advised everyone yesterday to short around this level, successfully catching the 72.6k yuan bottom. That’s how we swing the market daily—simple but profitable. Meanwhile, Shu Qin is actively studying various coins. For example, yesterday’s short on BNB—you’ll find that opportunities always favor those who are prepared!