The LSK strategy shared earlier has now successfully taken profits this round. With the hard evidence showing up on the charts, weakness in $BNB is dragging down the entire major-cap sector, and BTC’s underlying weakness can no longer be hidden. On the 1-hour chart, price is holding below EMA50 and EMA200, with the moving averages fanning downward. This isn’t consolidation before a breakout—it’s a bearish structure continuing to play out.

The 15-minute ADX is nearing 48, showing highly concentrated seller-driven momentum. The DI gap is so wide that it suggests any rebound is more likely a correction than a reversal. The 1-hour RSI is in oversold territory, but oversold doesn’t mean the price has bottomed. Until momentum shows signs of exhaustion, I’m reluctant to go against the trend. Once a key level breaks, a retest can offer an opportunity; the closer the rebound gets to the previous high, the more closely it’s worth watching.

Until the structure recovers, I favor a continued move lower in the direction of the trend.

🔴 Trade direction: Short
📍 Entry range: 727.251 – 728.689
🛑 Stop loss: 742.355
🎯 Take profit 1: 717.181
🎯 Take profit 2: 709.990
🎯 Take profit 3: 699.201

Take in the vastness of mountains and seas; observe the market’s subtle shifts.
Walk with Uncle Xiong and witness the gains and losses of the world.

#BNB

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