Wednesday, BNB increased by 7.85%, returning to the $600 mark, and turning the 20-day moving average of $618.75 into support. Although short-term charts indicate that BNB may break through $680, analysts warn that the long-term trend remains bearish. If Bitcoin fails to break through the resistance zone of $70,000 to $73,000, this rally could represent a liquidation rather than a sustained rebound.
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Wednesday, BNB increased by 7.85%, returning to the $600 mark, and turning the 20-day moving average of $618.75 into support. Although short-term charts indicate that BNB may break through $680, analysts warn that the long-term trend remains bearish. If Bitcoin fails to break through the resistance zone of $70,000 to $73,000, this rally could represent a liquidation rather than a sustained rebound.