[ Assessment $BNB on 11/5/2024 ]
After BTC dropped to 67k, altcoins collectively plummeted sharply, and BNB was no exception!!!!
In the weekly candle frame, we can see a clear resistance level at 629u; to break this resistance, we will definitely have to wait for BTC to reach the 75k mark, guys!!!
If BTC drops to 65k, BNB will likely create a bottom at 514u before entering an uptrend cycle, so it's reasonable for guys to short around the 567u area, while holders should just wait for it to drop to 500-520 to buy!!!!
After BTC dropped to 67k, altcoins collectively plummeted sharply, and BNB was no exception!!!!
In the weekly candle frame, we can see a clear resistance level at 629u; to break this resistance, we will definitely have to wait for BTC to reach the 75k mark, guys!!!
If BTC drops to 65k, BNB will likely create a bottom at 514u before entering an uptrend cycle, so it's reasonable for guys to short around the 567u area, while holders should just wait for it to drop to 500-520 to buy!!!!