5

BNB surged to 928 before a rapid drop, with long upper shadows and consecutive bearish candles indicating heavy selling pressure and exhausted buying! The four-hour high has shifted downward, falling back below the upper Bollinger Band, clearly displaying a pattern of high-to-low retracement. The one-hour rebound is weak, with bearish momentum prevailing over bullish, testing the moving average support but struggling to fend off the bears, as momentum continues to weaken. Overall, the surge encounters resistance and pulls back; do not blindly chase highs, instead wait for a pullback to determine the direction of operations.