BNB is stepping on the upgrade throttle trying to surge up, but the market's attention is about to hit bottom!

News Analysis:

"Maxwell Hard Fork" Approaching June Launch: In the short term, it may stimulate on-chain activity, but historical experience shows that when such upgrades actually happen, there is often a 'buy the rumor, sell the news' sell-off. Currently, the trading volume on the BNB chain DEX is large (monthly 178 billion, accounting for 40% of the market), but growth has slowed, so be careful of profit-taking after good news is realized.

Market Attention Low: BNB has risen significantly this year, but large funds and discussion heat have not kept up. This kind of 'quiet rise' often lacks strength. If big brother Bitcoin pulls back (currently BTC is fluctuating around $105,000), BNB can easily be dragged down with it.

Technical Analysis:

Bollinger Bands Under Pressure: The current price of 645.19 is closely following the upper Bollinger Band (pressure zone), not far from the previous high resistance of 697.73. The middle track at 625.44 is the key support. If it can't break through this strong pressure zone of 650-660, it is highly likely to turn back and hit the middle track at 625.

MACD Golden Cross in Doubt: Although the fast line DIF (5.49) has just crossed above the slow line DEA (-4.38) to form a golden cross, both are below water (below the zero axis), and the red bars have just shortened. This 'underwater golden cross' is often a rebound trap in a downward trend, deceiving buyers. We need to wait until it actually climbs above the zero axis and the red bars turn green before it can be trusted.

Big D Sharp Point: This wave of BNB's rise is like a 'unicycle' - technically it looks like it wants to go high, but the news front lacks new fuel (like ETF, major institutions entering), and the volume during the four-hour chart rise is not keeping up, already showing signs of fatigue!

Summary:

Bearish Response: Near the 650-660 pressure zone, it is recommended to take partial profits on long positions and not rush to open new long positions.

Defensive Position: Keep a close eye on the 625 mid-track support. If it effectively breaks down, quickly stop losses, and the next target is around 600.

Unexpected Situation: If it can really break through 660 and stabilize, you can cautiously chase a bit, targeting 680.

Remember the old saying: Bull markets eat volatility, bear markets rely on patience - if BNB can't even hold 625, it's better to miss out than to make a mistake! Opportunities and risks coexist in the crypto space, staying vigilant and finding the right timing is key. Follow for daily real-time updates!$BNB #bnb