$BNB Focus
Last night, the 58th Launchpool project was officially announced, and mining will start at 8:00 am on the 19th! This time node is very clever, just after the Federal Reserve's interest rate decision at 2:00 am on the 19th. Whether it is good or bad news, it is a positive signal for BNB!
In the short term, BNB holders are unlikely to sell easily in the next few days. If BNB rises during this period, it will definitely attract more people to participate in BNB staking mining; if the market pulls back, BNB's staking mining yield ratio will be more attractive, which may drive more funds into the mining pool, making BNB the focus of the first wave of rebound.
No matter which path the market chooses, the arrangement of this time point is very suitable. BNB's short-term support level can focus on 525/500, the medium-term support level is 475/441, and the pressure level is 575/590/600. The 600 mark may be tested in this wave of mining craze.
If the market undergoes a violent consolidation and digestion in the next few days, it may usher in a strong take-off after the 19th. If the market fulfills this expectation ahead of time, the market may fluctuate after the 19th. It is recommended to pay close attention to the support level in the next few days, which may be a good opportunity to get on board
