BNB, the child of Binance, has fallen below 620 bucks. That's it. The end. Or... almost.
June 22, 2025. Clouds are gathering over Wall Street. BNB is falling. Straight down. No brakes. Minus 3.19% in a day. Isn't it a holiday?
620 dollars - the level that held the last hope
And now it's gone. That's it. This technical level was cracking and creaking but held on. Like an old man at a summer house with two sticks and one will. And now he couldn't hold on. He fell. The price - $618.82. The question: who is to blame?
Binance is silent.
CZ has been sitting quietly for a long time, as if he knows something we don't.
SEC? Well, they're always somewhere nearby, breathing down your neck.
But let's be honest:
The crypto market is not a market. It's a comedy. It's a circus. It's a Netflix show, only instead of a subscription - it's your money.
And now in the new episode:
— BNB is crashing,
— traders are opening shorts,
— someone is shouting 'BUY MORE',
— and someone is just drinking tea, watching his portfolio melt away, like respect for the Fed.
What's next?
• Level $600? Yes, it could be.
• $580? If they activate 'panic mode 2018', then even lower.
• Maybe a bounce? Of course. The market has to first shake everyone out, and then rise. That's classic.
What to do?
If you're an investor - hold on. Drink water, don't touch the 'sell' button.
If you're a trader - short carefully. BNB might bounce back - it's like a politician during elections: first it falls, then it rises again on promises.
