$Bnb

BNB faces a critical choice in July.

The monthly MACD has formed a high-level death cross, which is a signal worth being cautious about— the last time a similar pattern appeared was in March 2022, after which the market entered a downward cycle. Similarly, in January of this year, ETH showed the same signal, and the price plummeted from $4000 to $1400. If BNB cannot achieve an effective increase this month, it may face a downward cycle lasting up to six months. However, the probability of a rally this month is higher, as there will be a significant market movement from July to October.