I started to lay out BNB, and this round of BNB gradually turned to short positions.
In the first half of last year, when the price was more than 300 US dollars, I publicly shorted it to around 200 US dollars. In October last year, when BNB reached 200 US dollars, I started to buy the bottom and clearly recommended fixed investment before June this year.
Why did the fixed investment end before June? At that time, I mentioned that it would no longer be suitable to invest in BNB after June this year.
At the same time, BNB reached an all-time high of 720 US dollars on June 6, and then fell back to the lowest point of 460 US dollars.
The price is now around 580 US dollars. Looking back at the trend, the first short position to 200 US dollars at more than 300 US dollars was realized;
The bullish position to more than 600 US dollars at more than 200 US dollars was also realized, and the principal was sold. The current historical high is 720 US dollars. This time the suggestion is to be short at the resistance position of the 580-620 US dollar range.
I think it is not important whether to buy new shares or not. Here are several suitable entry prices:
The first warehouse spot entry price: place an order in the range of 400-420-440 US dollars. The second warehouse entry price: 360 US dollars, you can choose to hold a large position.
This is an objective analysis and highlight. Individuals need to pay attention to risk control.
