The BNB shorts haven’t exited—any bounce from 689 is just setting up the next bearish candle as a cushion. On the four-hour chart: four bearish candles and two bullish, and the price is pinned beneath the 20/50 moving averages. The breakdown-accelerating structure is nowhere near sealed off. In the spot order book, the sell volume at the 20 bid levels is 174 versus buy volume of 110; active sell orders account for 62%. The 685 level won’t hold—677, the 7-day low, is the next stop. Until the rebound reaches the previous high at 719, treat everything as being in the shorts’ territory. Going long is just handing over money.