Crypto market trends are like chess; every move leaves clues. Today’s four-hour chart of BNB is worth a thorough analysis — technical indicators and market sentiment are intertwined, and we need to see this game clearly.

**Technical Indicators Sound the Alarm: Overbought Conditions Clearly Evident**

What’s the current situation with the KDJ indicator? The J value has already surged above 110, which in trading circles is called "severe overbought." To put it simply, it’s like someone sprinting to the point of gasping for air; they need to slow down and adjust. A recent example is SOL’s J value hitting 115, which immediately led to a 12% drop on the same day — this is the iron law of "overbought must lead to a correction."

As for the RSI indicator? It’s approaching the 70 "overbought warning line." Last year, when ETH’s RSI hit 75, it was followed by a 15% correction, trapping many investors who chased the high, turning them into bagholders. The current signal is very clear: the bulls’ momentum is being overextended, and in the short term, a pullback is highly probable.

**Bollinger Bands Resistance: The Ceiling Is Right in Front**

Looking at the Bollinger Bands, BNB’s price is currently stuck between the upper band (around 915 USDT) and the middle band. The upper band acts like an invisible ceiling; each time the price approaches it, selling pressure increases. It’s similar to peak hours at an internet cafe — the entrance is already crowded, trying to squeeze in is nearly impossible. If the price can’t break through this resistance, a reversal to find support is the most likely scenario.

**Deep Dive into Price Structure: The Classic Rectangle Consolidation**

Since the peak at 924, BNB has fallen into a clear rectangular consolidation zone. The current price is nearing the upper boundary of this range, which in the trading community is called a "pressure zone." This is a favorite spot for major players to shake out retail traders — they push up a bit yesterday, then dump today, aiming to shake out all the retail chips. Previously, ADA played this game — oscillating within the range, and during the final correction, many retail investors who didn’t react in time were forced out.

The current situation for BNB is like this — technical signals have clearly indicated overbought conditions, and a short-term correction is highly likely.