8.28 BNB Midday Analysis:

First, looking at the daily chart: the DIF and DEA have formed a golden cross above the zero axis, but the histogram has been shrinking, indicating that the upward momentum is not very strong.

Next, looking at the 4-hour chart: the MACD has formed a golden cross under water, and the red bars have slightly expanded, but the magnitude is very small. There might be a short-term rebound, but the strength is likely to be limited.

BNB Recommendation: Short near 870-875, target around 860-850.

Personal advice for reference only, please manage your stop loss carefully. $BTC

$ETH

$XRP

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