I kept saying that $BNB below $700 was cheap.
Binance has a major announcement scheduled for June 1. Ecosystem tokens are waking up, and money is clearly flowing back into the Binance ecosystem.
My long entry was around $692, and so far the trade has played out exactly as expected 📈
The funny thing about crypto is that people are scared to buy when a coin is at $690, but they’ll happily FOMO at $800.
Tomorrow’s announcement is still ahead of us, and if the news is as big as the market expects, I wouldn’t be surprised to see BNB continue pushing higher.
Sometimes the market gives you plenty of time.
The problem is that most people spend that time doubting instead of acting.