#鲍威尔发言 4. 17 Market Overview: Binance Launchpool Phase 68 Airdrop INIT

Did not wait for IDO, but welcomed the Phase 68 mining new initiative INIT. Starting tomorrow morning at 8 AM, just put BNB into financial management and deposit FDUSD and USDC into the mining pool to receive the airdrop of INIT, lasting for 6 days; holding BNB will definitely allow for multiple benefits, with weekly rewards abundant.

BNB is moving in a descending wedge pattern, if it stabilizes at 584 on the 4H chart, it will return to 600; the mining announcement has been released, and the market will see a surge. If it stabilizes at 584 on the 4H chart, enter long positions directly, with a stop loss at 580.67, and targets at 591.13 and 597.69; alternatively, wait for a pullback to the trend line around 573 to enter long positions, with a stop loss at 566.17, and targets at 579.22 and 587.36.

Last time I suggested everyone buy BNB around 546, it was also sold near 580 in the short term; so now let's continue to wait for a pullback below 550 to buy in batches. It's not that we shouldn't buy BNB now, but BNB below 550 offers better cost-effectiveness; for the long term, just continue with financial management and enjoy multiple benefits.

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