BNB Market Brief:

Overnight price continued to decline, reaching a low of 892,
The bearish target of 890 given yesterday has been successfully fulfilled, and the pace is in line with expectations.
From the 4-hour timeframe, the Bollinger Bands are showing a converging state,
Although the price broke below the middle band and experienced a slight rebound, the upward momentum is clearly insufficient.
Additionally, the chart and various indicators generally maintain a bearish alignment, and the trend still leans downward.
Overall, the current strategy remains focused on shorting on rebounds.
Trading suggestions:
Consider short positions around 900
Target below at 880 – 870 area
Trade in the trend, patiently wait for the rebound to establish, and pay attention to pace and risk control. $BTC $ETH #GateAI正式上线 #Meme币板块回暖