$BNX Leverage reduction, name change and delisting are not conducive to bulls. I don't understand why BNX, known as Binance's own son, has been suppressing bulls. Is it because of uneven distribution of benefits? At present, with the bulls pulling up 10 times, if the bulls do not start to gradually close their positions, when liquidation comes, the liquidity will decrease, and it is hard to say that it will not be pulled to an unimaginable low point. A piece of fat meat is being coveted by the wolves.

Will someone lift the sedan chair and double the current price again? The market maker has already pulled the market value from 40,000 to hundreds of millions. I guess the ammunition in his hand is almost used up. It is hard to say whether the bull retail investors who follow the trend will pull the market value to more than 20 times.

In summary, it is bearish in the medium term and hard to say in the short term.