In this brief market commentary, The Art of Crypto evaluates Binance Coin (BNB) as extremely weak and advises a short‑bias position. The speaker cites a weekly‑chart liquidity void and notes that BNB is trading at a discount. A potential bounce could occur within the Fibonacci “golden pocket” (approximately the 61.8%–70.5% retracement levels), setting a minimum short‑target of $148.50. If the price fails to find support there, a much deeper decline toward $40 is considered possible.
BNB. Essentially, all you need to know about BNB is that it is looking extremely weak, and I wouldn't necessarily buy something just because it is, you know, cheap. If I were to be doing anything, I would be leaning towards going short here. Back to minimum target is $148.50. Now I know that seems ludicrous. If you go onto the weekly chart, this is where the liquidity void exists, right? You can see that we are already in a discount, which means that if BNB were to bounce, it is either going to bounce here within the golden pocket, which is between the 618 and the 705. And if it does not bounce here, a $40 BNB would not be out of the question.
