Lately, I've been watching BNB's trend, and I feel the pressure is quite significant. When it broke below 885 some time ago, I was still paying attention; now it's already over 613, and the decline is indeed substantial. In the context of the overall market adjustment, this kind of drop doesn't seem too surprising.



I've noticed that the recent performance of the CEA index hasn't been very promising, and it seems to be somewhat correlated with BNB's trend. Some analysts say that the CEA index can reflect the overall market risk appetite; if the CEA index continues to weaken, it might mean the market will need to adjust further for a while. The pressure from the treasury side also seems to be increasing, which has a pretty big impact on the overall crypto market sentiment.

From the perspective of the CEA index, it might not be the worst time right now. However, in the short term, BNB may still need to wait for market sentiment to improve before it can regain previous highs. If the CEA index can stabilize, it might give the market some confidence. Overall, at this point, it's better to keep an eye on the performance of the CEA index and other indicators, and not rush into bottom-fishing.
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