🔥🔥Strong rebound prediction: Comparative analysis of Bitcoin, BNB and Ethereum
🔥🔥Overview of current situation:
Bitcoin and BNB have firmly stood on the middle track of the four-hour Bollinger Band, showing a positive rebound signal.
Ethereum is slightly lagging behind, still hovering near the middle track, and its rebound trend has not been clearly identified.
Analysis of the trend of Bitcoin:
If Bitcoin can successfully retrace and test and stabilize above the middle track, this move may inject confidence into the market, thereby driving the rebound of assets such as Ethereum.
Analysis of BNB's unique highlights:
The recent strong performance of BNB in the decline is partly attributed to the long-term non-release of Binance's new mine and the silence of the airdrop activities, which has stimulated the market's strong expectations for the new mine.
July 14th, as the seventh anniversary of Binance's establishment, is not only of special significance to BNB holders, but also indicates that Binance may take this opportunity to further give back to its loyal users, adding positive factors in the uncertainty of BNB's subsequent trend.
Outlook and strategy recommendations:
In the absence of major positive news, the overall market may remain volatile.
Given the heavy pressure of locked-in positions above $60,000, it is still challenging to break through this level in the short term. Therefore, if the price reaches this area, investors are advised to take a cautious attitude and reduce positions in a timely manner to avoid potential callback risks.
Overall, in the current market environment, flexibility and patience will be the key strategy.
