The broader market is experiencing a classic leveraged washout, forcing both BTC and BNB into critical retest zones.
Here is what the technical landscape is signaling today: ↓
📊 Bitcoin (BTC): After failing to sustain momentum above the 82K resistance, BTC is testing a vital macro support band between 76,000 and 76,500. A daily candle close above 78,200 remains essential to invalidate this immediate bearish structure.
🔶 Binance Coin (BNB): Demonstrating relative strength BNB is holding firm within the 632 – 638 zone flipping prior resistance into solid support.
I am seeing despite a minor 2% daily pullback, the long term structural health remains intact, backed by robust ecosystem utility and the quarterly auto burn mechanisms.