Let's talk about BNB

Although I plan to take advantage of this wave of BNB rise to exchange BNB for altcoins, it does not mean that I am not optimistic about BNB.

BNB should be a hot topic recently because CZ will be released from prison soon.

Many people still think that the rise in the past few days is to lure more, and they think that the good news of CZ's release from prison is bad news, so they think BNB will fall further.

But in my opinion, BNB has been fluctuating for half a year, and it has not fallen below the long-term rising trend line, nor has it fallen below the important support below.

It has not fallen below for three consecutive times, which means that the support below is very strong.

After the stop-loss signal appeared, the positive line last week appeared, forming a "cross morning star" pattern, which is a reversal signal, indicating that the decline and correction trend in the past six months has ended and the market has reversed.

The market is already very clear, and combined with the news that CZ will be released from prison soon, it means that a new market for BNB is about to begin, and breaking the historical high is just around the corner.

BNB does not only represent Binance, BNB represents an industry, a sector, and a new opportunity.