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7.23 BNB Market Analysis
BNB’s price trend closely tracks BTC in the long term, and during most time periods it performs weaker than BTC. The current market continues to maintain a range-bound, sideways pattern, and rebound momentum remains persistently lacking, making it difficult to break out into an independent upward trend.
In the 4-hour timeframe, price surged and then pulled back; bullish momentum continues to decline, and the rise lacks incremental capital support.
Suggested trade: around 571.3, sell
Target: 571-570.8#BNB