BSB Short-term Market Analysis: Do Not Blindly Chase Highs



BSB relies on RWA hot topics, with a 24-hour increase of 78%, and market sentiment remains high, but it is not suitable to chase the rally at this time.

There are obvious risk points in the current market:

1. Technical: The RSI indicator has entered the severely overbought zone, indicating a strong short-term pullback is needed

2. Fundamentals: A large token unlock is scheduled for May 4th, and the release of a huge amount of chips may trigger selling pressure

3. Valuation: The project's FDV valuation is relatively high, and nearly 79% of tokens are not yet in circulation, indicating higher medium- to long-term risks

Operational suggestions:
Abandon chasing high positions, wait for a pullback to gradually build positions
Support entry: 0.72
Risk defense: 0.68
Profit target: 1.05

#比特币突破7.9万美元 $BTC $ETH $BSB
BTC-1,79%
ETH-3,29%
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