From a structural perspective, the initial high-level correction has completed sufficient chip exchange, with strong buying support below. Short-term moving averages are turning upward, and bullish momentum is gradually building. The limited pullback during the rebound and the long lower shadows indicate a strong market sentiment of reluctance to sell. It is expected to break through the previous high and open up upward space, maintaining a generally bullish outlook.



BNB trading suggestion: go long within the 637-634 range, targeting around 660-670.
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