BNB has traced out a V-shaped reversal on the four-hour chart, with price rising all the way to the 663 area, approaching the previous resistance level of 665. Unfortunately, it failed to break through. If price cannot achieve a breakthrough in the subsequent market, this area will form a double top pattern. The bullish momentum has already been released, and it is not advisable to chase longs at this time. It is recommended to short in the 662-665 area, with a downside target toward the 650-640 area. $BTC

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