Folks, today's BNB market is quite interesting. It surged in the morning and then fell back, now hovering around 896. I’m Si Sheng, and after looking at the four-hour chart all morning, I’d like to share a few thoughts.

First, let's look at the market. Today, the overall trend is indeed moving upward. The key resistance level is around 892, and if it can hold, levels of 930 or even 970 are possible. But be careful, the trading volume is a bit shrinking, indicating that the funds chasing highs aren't strong enough yet, so we need to observe a bit more.

The MACD yellow and white lines are above the 0 axis, indicating a bullish trend, which is a good thing. However, the RSI and MFI are a bit high, close to the overbought zone, suggesting that there might be some fluctuations in the short term and it won't surge directly. The support level to watch first is 892, and if it breaks down, the next line of defense is around 862, where there should be a rebound.

Overall view: the market's general direction is still upward, but there may be slight pullbacks in the short term. Don't panic; take the opportunity to buy low during adjustments and hold onto the main upward wave.

2. On the news front, there is a pre-sale project called Digitap ($TAP) that is being touted as 'the next BNB.' It's best to take such news lightly and not take it too seriously. The position of BNB is not something that just any project can shake, especially since it already has a mature ecosystem and user base. Such news is more of a market sentiment catalyst rather than a true trend determinant.

My view is straightforward: $TAP is not about 'solving usability'; it is betting on the ultimate loophole of 'compliance.' Unifying fiat and crypto interfaces? This is a dangerous dance on the regulatory tightrope. Think about the collapse of Libra back in the day—the perfect story often hides the sharpest knife.

3. Sisheng's operational thought process:

1. If you are already on board and your position is not heavy, you can continue to hold.

2. If you haven't boarded yet, I don't recommend chasing the highs now. You can wait for a pullback to around 892 to gradually enter a bit.

3. Remember, don't go all in at once; staggered positioning will help you sleep better at night.

My personal opinion is that the long-term upward trend of the market remains unchanged, but there may be short-term pullbacks. Adjustments are opportunities for low buys; hold steady and wait for the rise.
As for $TAP, the core is not about 'increasing usability' but about exploiting compliance loopholes, attempting to blur the lines between fiat and crypto. Essentially, it's walking a regulatory tightrope, which is extremely risky. The collapse similar to Libra has already proven: the more perfect the story sounds, the greater the underlying risks.$BNB #美联储FOMC会议