I. Core Dividing Line Positioning

657.4 is the key dividing line between longs and shorts in the BNB night market. The 4-hour closing price is the core basis for judging the trend. If the candlestick body effectively stabilizes above 657.4, it indicates that the market's bullish forces are in control, and the small-scale pullback is ending, with the market expected to continue its upward trend; if the 4-hour closing price continues to be pressured below 657.4, it indicates a lack of strength in the small-scale rebound, and the bears still dominate the market, likely continuing the pullback trend.

II. Analysis of Key Support and Resistance Levels

Resistance level:

- 663.8 is the primary resistance level for short-term upward movement. If the price successfully breaks through this level, it will open up upward space.

- 671.1 is an important medium-term pressure level, testing the continuous offensive capability of the bulls.

- 681.5, as a key psychological level, may trigger a trend-driven upward market once breached.

Support level:

- 648.3 is the first line of defense for short positions. If effective support is obtained, downward pressure may be alleviated temporarily.

- 641 is an important support level. If lost, the risk of further pullback will increase.

- 631.3 is a strong support level under extreme market conditions. If breached, the market may enter a deep adjustment phase.

III. Long Position Trading Strategy

When the 4-hour candlestick closing price effectively stays above 657.4, one may consider entering a small long position. Set the stop loss below 654 to guard against false breakout risks. The target prices are as follows: the first target is 663.8, testing the first pressure; if it successfully breaks through 663.8, then look towards 671.1; if the price further breaks through 671.1, it may challenge the pressure level at 681.5.

IV. Short Position Trading Strategy

If the 4-hour closing price remains below 657.4, one may consider entering a short position. Set the stop loss above 660.5 to avoid short-term rebound risks. The target prices are as follows: the first target is 648.3, testing the first support; if 648.3 is breached, then look towards 641; under extreme market conditions, further support at 631.3 can be considered.

V. Trading Summary and Risk Warning

657.4 is the core observation point for the BNB night market, and the closing situation at the 4-hour level directly determines the direction of the bullish and bearish trends. During trading, everyone needs to strictly follow the key levels to formulate plans, strictly implement stop-loss and take-profit strategies, and avoid emotional trading. Caution should be exercised when trading near support and resistance levels, adjusting positions flexibly based on real-time market fluctuations, while also paying attention to the overall market trend and sudden news, to prevent sudden market risks and ensure that trading risks are controllable.$BNB #BNB走势