Looking at BNB's current trend structure, simply put, it has fallen from a high point and is still in the stage of oscillating and repairing.

On the four-hour chart, the price failed to break above around 872, then quickly plunged, forming a very typical rebound-failure pattern. Since then, the candlesticks have been trading above the middle Bollinger Band, but the rebounds are small-bodied, and the center of gravity is continuously shifting downward—indicating that the selling pressure remains heavy and the buyers' momentum is clearly insufficient.

At the one-hour level, the situation becomes clearer. The price repeatedly oscillates around below the middle band, with no new lows in the lows, but each rebound is weak and unable to open up any space. Rather than saying the trend is strengthening, it’s more like the entire movement is weak, resembling a sideways consolidation trapped in a range.

Overall, this is a typical correction period after a decline. Until the price re-establishes itself above the key resistance level, trend judgment should remain cautious. Currently, there are more structural rebound opportunities; don’t expect a direct main upward wave.

**Trading idea**: Consider the 860-865 range, with a target around 835.