BNB retracement accumulates strength, bullish signals subtly emerge

After a brief pullback from a peak of 928, BNB experienced a long upper shadow and slight consecutive bearish candles, which indicates a healthy turnover of profit-taking. After the selling pressure was quickly released, buying pressure is gradually building up.

Although the four-hour chart temporarily broke the upper Bollinger band, the high has not surpassed the upper boundary of the previous consolidation range. The pullback is a healthy correction, and the hourly chart's pullback is approaching key moving average support. Initial signs of bullish volume indicate that rebound momentum is brewing.

The current pullback does not change the medium-term upward trend. Do not blindly short the market; instead, consider placing long positions on dips. Seize the opportunity to enter after the pullback around 870 and 855, targeting areas near 910 and 930, $BTC #加密市场反弹