$BNB BNB/USDT is in a recovery trend with an increase of 6.36% in the last 24 hours, currently the price has reached 690.76. The long-term performance in 2024 is very impressive with an increase of 156.51%, reflecting strong appeal from the investment community. However, short-term indicators (7 and 30 days) still show slight adjustments, requiring investors to be cautious in their decisions.
Long-term investors may consider allocating 15-20% of total capital into BNB, as this is a large asset with stable growth potential. Build positions through a dollar-cost averaging (DCA) strategy and set stop-loss levels below the important support threshold (around 618.69) to protect capital. Monitoring technical indicators such as Bollinger Bands and RSI will help accurately assess entry points or increase positions. Focus on growth prospects in the next 6 months to 1 year, with the expectation that BNB will continue to maintain its position as one of the top coins in the market.