$BNB interesting situation. It is knocking on the resistance area, correlation with $BTC is small, which is good. And if Bitcoin also goes to выйдет из флага where it needs to, then the probability of fulfillment will increase significantly.
The asset is consistently bouncing off the round level of $5. The asset has already given 15%.
Bounces off round numbers are good, but there is a slight downside: each time $APT found itself in this position, $BTC started to rise, which partially reduces the likelihood that this big player is holding the level, but Bitcoin also doesn't seem to be falling.
As always, it all comes down to the main topic, MM and PM. The asset has already grown, which means the ratio has slightly worsened, so based on the numbers and probabilities, one needs to correctly adjust their figures to the trading situation.
$BTC on tf 15-30m draws something like a flag, not quite technical, but nonetheless. The declining SPX M2SL and slightly rising VIX do not particularly pull Bitcoin along, which is good. There is good liquidity above the flag.
I wouldn't say that I am globally bearish, as the situation with the 'Federal Reserve discount window' is still relevant, but it is important to understand that Bitcoin has been rising for 2.5 years, of which it has spent about 250 days in accumulation. A relatively good correction has already occurred, a move lower is not excluded, but I don't think it will be very deep. It is more likely to resemble another prolonged sideways movement.