In the late night, the price of BNB experienced a significant fall. It is noteworthy that the volume during this decline increased compared to the previous sideways period, indicating that a considerable number of investors chose to sell at the current price level. This phenomenon reflects a generally cautious attitude among market participants, rather than the actions of individual investors.

What is more concerning is that during the fall, there was no significant capital intervention to support the price, and the rebound strength is relatively weak, showing an overall downward trend. This series of signs suggests that market sentiment may be shifting.

Based on the current market conditions, investors may consider implementing a short position strategy around the 832-835 range. The potential downside target range may extend to the 800-750 line. However, regardless of the investment strategy adopted, it is crucial to ensure proper risk management and stop-loss measures.

In the turbulent cryptocurrency market, it is crucial to remain vigilant and respond flexibly to market changes. Investors should closely monitor market trends and adjust their strategies in a timely manner to cope with the various situations that may arise. At the same time, it is important to note the high uncertainty of the cryptocurrency market and to avoid putting all funds into it; a reasonable allocation of assets is the wise choice.