Currently, BNB’s overall performance is clearly weak. The price keeps bouncing and consolidating around the 600 level, but it still can’t effectively hold above it. The rebound strength is gradually weakening. The technical structure has already turned bearish, while in terms of positioning, the proportion of long positions is excessively high, creating the risk of further liquidation. Combined with market funds concentrating into BTC, the overall altcoin market faces pressure, and BNB is in a “weak continuation during a downward consolidation.”

In terms of trading strategy, short on rebounds as the main approach. Pay attention to the strength of resistance above 600. If the rebound reaches above the 600 zone, consider entering short positions in batches. In the short term, first look for 580; if it breaks, there is potential for further downside to 560 and even 540. $BNB #美军封锁霍尔木兹海峡