$BNB just gained more than 7% today, significantly outperforming the overall crypto market.
In short, it is massively outperforming the momentum of the overall crypto market, above Bitcoin and other major cryptocurrencies.
Although this pump is structurally supported, that does not mean the bear market has already fully reversed.
Structurally, the setup and price action have not yet fully reversed either.
For now, this rise seems to be much more supported by hype and the bullish pressure behind BNB.
So, I think that structurally, there could still be corrections, even slight ones, to confirm the reversal, including that of the bear market.
But already, the bullish enthusiasm is very strong on BNB, in my opinion.
#Altcoin Season# #Meme Alpha# #BNBChain#
In short, it is massively outperforming the momentum of the overall crypto market, above Bitcoin and other major cryptocurrencies.
Although this pump is structurally supported, that does not mean the bear market has already fully reversed.
Structurally, the setup and price action have not yet fully reversed either.
For now, this rise seems to be much more supported by hype and the bullish pressure behind BNB.
So, I think that structurally, there could still be corrections, even slight ones, to confirm the reversal, including that of the bear market.
But already, the bullish enthusiasm is very strong on BNB, in my opinion.
#Altcoin Season# #Meme Alpha# #BNBChain#
