$BNB declined 1.22% to $698.47 in 24 hours, largely mirroring Bitcoin’s 1.37% drop amid broader crypto market weakness and lingering concerns following the reported Binance hack. Continued exchange outflows and cautious investor sentiment added pressure, while RSI at 38.56 suggests potentially oversold conditions. $BNB ’s immediate support sits at $693.41, while $704 represents key resistance; holding support could trigger a short-term rebound, but a breakdown may deepen losses. Overall, the outlook remains cautiously bearish, with Bitcoin’s direction and Binance’s upcoming November 4 Proof of Reserves update serving as key catalysts.