The daily trend for BNB is bearish, and the bottom hasn't been established yet, suggesting further decline. The previous peak marks the beginning of this daily downtrend, indicating a strong selling force, which adds to the bearish sentiment.
On the H4 chart, BNB is in a recovery wave, but it's uncertain where this wave will peak. However, the $580 level is a strong supply zone.
Given that both BNB and BTC are in a downtrend, it's advisable not to buy at this time. It's better to wait for confirmation of a price increase before considering any purchases.