BNB is now around 548u, there have been some big events these couple of days.

Today is the last day of Binance's EU license expiration, and starting tomorrow, July 1st, the new EU regulations officially take effect. Platforms that have not obtained licenses must cease services.
Binance bet on Greece, submitted the application for almost half a year, but Greece never approved it. Seeing that it was about to be formally rejected, Binance simply withdrew its own application and turned to reapply in France.
The problem is that France itself is investigating Binance for money laundering, so this path is not easy either. Even if approved, it will be after July 1st. During this gap period, European users basically cannot use Binance.
Users in France, Italy, Poland, Spain, and other places have received emails in the past couple of days. Binance says assets are safe and can be withdrawn at any time, but functions like new orders, new registrations, and wealth management will be suspended.
This incident has a significant impact on BNB sentiment. After all, Binance is the world's largest trading platform, and for the first time it has been blocked by regulators in a major market. Several peers have already obtained licenses, and Binance is indeed lagging behind this time.
Now at the 548u level, look at 520u for support below and 580u for resistance above.
Short-term news is bearish. Before sentiment recovers, it is not recommended to chase longs. If it breaks below 520u, I will turn bearish with a target of 500u.
This matter is not over yet. Whether France approves or not is the key. I will continue to follow up later#TradFiCFD黄金大师赛 $BNB