Recently monitoring BNB's trend, I need to clarify a few key levels.

The 382 line I mentioned last time is indeed a resistance level, but I am now looking at this decline from a different perspective. By applying Fibonacci retracement to the rebound wave starting from the 790 support point, a new reference line emerges. The advantage of this approach is that it provides a clearer view of the current market condition.

927U is at the 236 level of this new line. This point is quite critical — you might consider positioning or adding to your holdings here, but the premise is not to hold a heavy position. Why be cautious? Because the overall situation for BTC will become very complex later on. The 98-102K zone is a key area of contention between bulls and bears, and it’s still uncertain whether the price can reach it. The core question is: will it continue to push higher or prepare for a correction?

Recently, BNB has been stronger than BTC. From the 236 line up to the 382 line, which is around 1014, you could take short-term profits at 1014. As for stop-loss, setting it at about 2%-3% is sufficient, since the entry points are already quite solid. Why choose the 382 line as the target? Once entering the 50% retracement and the 618% zone between 1083-1153, the daily timeframe will see intense battles between bulls and bears — this is a zone of divergence.

In this somewhat bearish divergence scenario, it’s better to be conservative. Honestly, the conditions for a main upward wave are not yet mature. Even if some believe the bull market will continue, there’s no sign of a main upward wave forming at this point — and likely, there will be 1-2 sharp dips to shake out weak hands beforehand.

The trading logic is quite simple: participate with small positions at the levels mentioned above for long positions, or simply stay in cash, etc. The key is to avoid engaging in unconfirmed market movements.