In the current BNB market, we are in a complex lateral oscillation period. Yesterday's market performance validated the previous prediction, with prices reaching around 120250, almost entirely aligning with our set target of 120500. However, the subsequent pullback indicates that the market is still searching for a clear direction.

Currently, the key price level of 118400 has become the focus once again. Today's decline has caused the price to fall below this level, and it is expected to further dip into the range of 117000-117200. It is worth noting that during this downward process, we may see a brief pullback, especially near 117800-118000. However, this pullback may only be short-lived, and it is likely to continue to decline towards the expected bottom area.

For potential upside momentum, we need to closely monitor the resistance zone of 119000-119200. Only if the price effectively breaks through and stabilizes above 119000 can the bulls potentially regain control. Conversely, if the price encounters resistance and falls back within this range, the downward trend is likely to continue.

This oscillating market provides traders with a variety of strategy options. Whether going long or short, it is essential to set stop-loss levels carefully and closely monitor key price level breakouts. At the same time, in this market environment, the range trading strategy may have more advantages.

Overall, the BNB market is currently exhibiting a high level of uncertainty. Investors should remain vigilant and be prepared to respond to potential significant fluctuations. At the same time, it's important to pay attention to the broader cryptocurrency market dynamics, as the trends of other mainstream coins may have a ripple effect on BNB.