Brothers, today let's talk about the latest developments with BNB. The current price is around $762.3, and the trading volume exploded to $320 million within 15 minutes! This wave of operations is a textbook-level breakthrough, and we need to quickly adjust our strategies to seize this opportunity for profit!

The catalyst for this rise was Binance's official announcement that the staking yield for BNB Chain has jumped to 9.8% (up from 7.2%). As soon as this news broke, large holders went on a buying spree, with orders for over 5000 BNB being placed as if they were free. Even more astonishing, on-chain data shows that a giant whale transferred 38,000 BNB (approximately $29 million) directly out of the exchange, signaling a clear institutional accumulation!

From a technical indicator perspective, the RSI has soared to 72. Although it's nearing the overbought zone, in this kind of breakout market, overbought signals may temporarily lose their validity. The MACD golden cross has just been confirmed, bullish momentum is strong, and the Bollinger Bands have been decisively broken, suggesting at least another 5-8% upside in the short term. However, the long to short ratio has already reached 1.98:1, with bulls making up 66.5%. At this point, we need to be cautious about the risks associated with extreme overcrowding.

Lastly, let's discuss Chen Ge's operational thoughts for today. It’s advisable to take a small long position, focusing on entering the range of 757.25-759.65, with a target of 768.55-771.75. Be sure to set a stop-loss; definitely don’t hold onto losing positions! The market changes too rapidly, so we must respond flexibly. I wish everyone can catch this wave of market movement #bnb