BNB's market this week is still quite interesting—rising to a high of $959.52 at one point, but then encountering selling pressure and now falling back to $890.8, essentially flat for the week. From a technical perspective, the $935 level must hold; otherwise, the downside risk increases. Conversely, $971 is the recent ceiling, and a short-term breakout is unlikely.

However, positive signals do exist. Progress on on-chain upgrades and ETF application developments have given the market some expectations, but the problem is that selling pressure remains. The current situation is that BNB is oscillating within the $880 to $930 range, with no clear direction. Those looking to buy the dip should be cautious, as chasing the high carries greater risk. The key is whether it can regain above $950 this week; otherwise, it will continue to consolidate at the bottom.