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From an overall structural perspective, BNB's trend continues to weaken. The prior consolidation phase failed to accumulate sufficient upward momentum; instead, the center of gravity has gradually shifted downward.
The rebound momentum is limited and difficult to sustain. Any rallies face dense selling pressure, and bullish strength continues to exhaust.
The moving average system has diverged downward, forming obvious resistance. Volume remains persistently weak, with limited follow-up buying interest. Selling pressure continues to release. The short-term trend is unlikely to reverse easily. Currently, shorting with the trend aligns better with market rhythm.
Trading suggestion: Short around 632-636, target 626-620 on the downside, break below 612
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