BNB: The intraday rebound has shown some strength, but from a daily perspective, there is still considerable resistance from the upper platform, with pressure at 620. MACD is contracting, trading volume is decreasing, and KDJ has a secondary dead cross at 80 pointing downwards.
Careful friends may notice that upon opening the market, the 4-hour or hourly chart rebound cycle is quickly forming a head and shoulders pattern, waiting for the right shoulder to be established. Of course, it may also go bad; if the left side has a head and shoulders top plus platform resistance, breaking down here could be quite difficult.
Therefore, we can short close to the resistance level. If Bitcoin strengthens, we can exit in time. Shorting at 604-606, watching 595. If Bitcoin weakens and retraces, then the estimated mid-line retracement position is around 575.