Good news came, CZ quickly spoke on Twitter after his return. This positive signal immediately stimulated the market's enthusiasm for BNB, pushing its price up strongly, once approaching the high of $618, bringing exciting gains to investors.

However, the good times did not last long. With the full release of good news, market sentiment began to be cautious, and some investors chose to take profits, causing BNB prices to encounter a wave of market crashes. Unfortunately, this wave of callbacks just touched my cost stop loss line, triggering the automatic selling mechanism. At present, the price of BNB has fallen back to hover around $600.

In the face of the current situation, the first task is to observe the support strength of the key area of ​​$600. If it can stabilize effectively, it may lay the foundation for a subsequent rebound; otherwise, we need to be vigilant about the risk of further downside. During this period, keeping calm analysis and flexibly adjusting strategies will be the key to coping with market fluctuations.