People are aware that BNB burn is nearby, but when Binance actually announces the date it will surely spark the price of BNB. After the burn rally I expect to see some decline but not a lot. We will need to keep an eye on BNBBTC chart. Look for any signs of Elliot wave failure or end of wave 5
breakdown occurred to the bottom of the trendline. Rally failed. BTC is retracing at the moment and we may see BNB moving further down, with a possible bounce off from the long-term uptrendline at ~$9.5