Recently, the price trend of BNB has attracted attention. After reaching a high of 869.46 USD, the price has significantly retreated and is currently at a relatively low level. Although there are slight signs of rebound, the overall trend continues to be downwards, and it is likely to continue to fluctuate or show a bearish trend in the short term.

From a technical perspective, the support strength at key positions such as the lower Bollinger Band is worth close attention. Investors need to observe whether the price can stabilize at these support levels, or if it will further decline and break through the support. This will provide important clues for judging the future trend direction.

It is worth noting that macroeconomic factors may also have an impact on the cryptocurrency market. The latest data on the US July PPI year-on-year rate was higher than expected, which may have a certain influence on market sentiment and investment decisions.

Overall, BNB may face some pressure in the short term, but its long-term development prospects are still worth paying attention to. Investors should consider various factors such as technical analysis, fundamentals, and macroeconomic conditions when making decisions, while also ensuring proper risk management.