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After BNB surges upward, it trades sideways in a tight range of 630–635, with the KDJ at a high level becoming dull and curling over and sticking together; a death cross is approaching, and a high-level top signal has begun to show.
Bullish support is weakening and the upside momentum is running out, so the rebound continues to face pressure; the bears gradually build strength, and a downward structure on the hourly chart is taking shape, increasing the risk of a short-term pullback.
It is recommended to go short around 636–639, with a target of 623-615$BNB