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BNB four-hour level shows clear weakness. The previous surge to 960 faced resistance and pulled back. Selling pressure at high levels is concentrated and being released, with a continuous downtrend that even a blind person can see.
Currently, there is a technical rebound around 867. Note: this is just a weak rebound with no volume, the structure is not repaired, and the overall bearish trend remains unchanged.
Structurally, the highs are continuously declining, and rebounds are all under pressure. This is a typical false rally in a downtrend; chasing longs is just inviting trouble!
Trading idea: short on rebounds!
In the 880–885 range of the rebound, first target 850, and if broken, then look at 830.
Follow the trend, don’t fight against it! Before the bearish trend ends, every rebound is an opportunity for bears to join in.