I. Core focus of bullish and bearish competition

BNB performed strongly today, with limited overall decline. 649.8 has become a key watershed for the overnight trend: if the price can effectively stabilize above this level, a rebound is likely to begin in the 1-2 hour timeframe; conversely, if it continues to be pressured below 649.8, it indicates insufficient rebound momentum, likely continuing the pullback trend.

II. Distribution of key points

Upward resistance level

- First key level: 655.5, where selling pressure is concentrated and likely to trigger a tug-of-war between bulls and bears;

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- Medium-term resistance: 664.5, an important technical pressure level that requires strong buying momentum to break through;

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- Key breakout level: 671.8, if successfully stabilized, it is expected to open up a new round of upward space.

Downward support level

- Primary defense line: 642.5, maintaining this level still leaves room for a small rebound;

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- Secondary support: pay attention to 631.3 and 622.7 in sequence. If 642.5 is breached, bears may further test the above positions.

III. Trading strategy suggestions

1. Bullish strategy: if the price stabilizes above 649.8, consider lightly positioning long orders, targeting 655.5 and 664.5 sequentially;

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2. Bearish strategy: if the rebound fails to break through 649.8, consider shorting, targeting 642.5. If it breaks below, consider adding positions.

Summary

The short-term trend of BNB depends on the bullish and bearish outcome at the 649.8 level. Whether this level is breached will directly determine the direction of subsequent market movements. To the upside, a key breakthrough of the resistance range between 655.5 and 671.8 is needed; to the downside, be cautious of the risk of breaking 642.5 and the support below. Given the severe volatility in the cryptocurrency market, it is recommended to set stop-loss and take-profit levels strictly, reasonably control positions, and flexibly adjust trading strategies in conjunction with market news and technical indicators, participating in market transactions rationally.$BNB #BNB走势