1. Core Assessment of Short-term Trends
Today's key turning point in the BNB market trend focuses on the price level of 642.8, with the performance of the 1 - 2 hour candlestick at this price level being the core basis for judging whether a short-term rebound can be initiated.
Bullish Trigger Signal
If the 1 - 2 hour candlestick can effectively stabilize above 642.8 and subsequently close above this price level for two consecutive periods, it means that the small level retracement has ended, and bullish forces begin to dominate the market, indicating the potential start of a new rebound trend, with prices likely testing resistance levels upward gradually.
Bearish Continuation Signal
Conversely, if the BNB price cannot stabilize above 642.8 at the 1 - 2 hour level, it indicates insufficient rebound momentum at the smaller level, and bears still hold the market's initiative, likely continuing the downward trend and entering a new retracement phase.
2. Key Level Distribution and Strategy Reference
(1) Upward Resistance Level
1. First Resistance Level: 648.3
- Technical Features: This position is the upper boundary of the recent price fluctuation range, gathering a large number of trapped positions and profit-taking. When the BNB price rises to this point, the double selling pressure will directly hinder short-term increases, becoming the primary barrier that bulls need to overcome.
2. Mid-term Resistance Level: 654.7
- Technical Features: Located in the overlapping area of key moving average resistance and important Fibonacci resistance levels, it strongly suppresses upward price movement. To achieve an effective breakthrough, not only is sufficient buying power required, but also the overall market sentiment needs to improve.
3. Trend Breakthrough Level: 660.4
- Technical Features: Once the BNB price successfully stabilizes at this level, it will confirm its entry into a new upward channel, opening up significant room for subsequent increases, indicating that a new round of strong bullish momentum is about to arrive.
(2) Downward Support Level
If the 1 - 2 hour level fails to stabilize above 642.8, it is expected to trigger a new retracement trend, with support levels below being:
1. Primary Support Level: 635.4
- Technical Features: Formed by the convergence of short-term moving averages, this level provides support and is also an important psychological defense line that has been tested multiple times previously, which can buffer the impact of bearish downward pressure to some extent.
2. Secondary Support Level: 631.4
- Technical Features: As a strong support level formed by previous price lows, if this level is lost, market panic may quickly spread, triggering a larger-scale sell-off and leading to accelerated downward price movement.
3. Strong Support Level: 627.5
- Technical Features: This level is within the support area of multiple cycle moving averages and is a critical strategic position contested by both bulls and bears, with its gain or loss directly affecting the subsequent medium to long-term trend. Once breached, it may trigger a deep retracement.
3. Summary
The core of today's BNB movement lies in the long-short battle around the key level of 642.8. If the price can effectively stabilize above this position, bulls are expected to challenge the resistance in the range of 648.3 - 660.4; if it cannot stabilize, caution is needed for the risk of the price retracing to the 635.4 - 627.5 area. The volatility is intense and filled with uncertainty, so it is advised to closely monitor the changes in the 1 - 2 hour candlestick patterns, strictly implement stop-loss and take-profit strategies, and reasonably control positions.$BNB #BTC挑战11万大关 #BNB走势 
