Brothers, let's talk about the current latest analysis and trading suggestions for BNB

Key support and resistance levels to pay attention to: On the resistance side, $858 is the daily pivot point; only a breakthrough here may restart the upward trend; $884 is the historical high pressure, which is difficult to break through in the short term. On the support side, $818-$800 is the key intraday range; if broken, it may drop to $780; $780 is a strong mid-term support, corresponding to the 30-day moving average and psychological level.

In the market environment, recent macroeconomic headwinds need to be closely monitored: The cooling expectation of the Federal Reserve's interest rate cuts has triggered risk aversion, leading to a 3.86% decrease in total cryptocurrency market capitalization over 24 hours, with BTC and ETH leading the decline; whales sold 24,000 BTC (about $2.7 billion), triggering a chain liquidation, putting pressure on BNB simultaneously. Although there are positives on-chain—Binance's quarterly burn continues to shrink circulating supply (long-term bullish), BNB chain upgrades (block confirmation reduced to 0.75 seconds, gas limit planned to increase by ten times)—the short-term macro pressure is hard to resist.

Technical indicator signals lean bearish: The current RSI is 44.8 (neutral to weak), not in the oversold zone, and there is still room for downside; the Bollinger Bands price has fallen below the middle line, approaching the lower line at $818, which may test support in the short term. The daily MACD has formed a death cross, and the KDJ three lines are diverging downwards, indicating that bears are dominant, requiring caution against further pullbacks.

Morning brother's trading suggestion is to short, with an entry near 844.5-848.6, initially targeting 833.5; if broken, then look for 822.3~ Remember to control risk when trading, as this will help you respond more steadily to market fluctuations. #bnb