From the daily chart analysis, the price of BGB coin has recently performed well, closing with bullish lines for two consecutive trading days and successfully breaking through the pressure of various moving averages. This trend shows that BGB has returned to the rising channel and is gradually emerging from the bottom market. On the technical side, the MACD indicator has also simultaneously shown a golden cross pattern above the zero axis, further supporting the view that there is still room for a pump in the future.

Analysts expect that BGB is likely to launch an attack on the important resistance level of 5.5. This bullish expectation is supported by the fundamentals. Recently, BGB conducted a large-scale token burn, totaling 220 million coins. This move is beneficial for deflation and may have a positive impact on the coin price.

However, investors still need to be cautious and closely monitor market trends. Although technical indicators and fundamentals show positive signs, the volatility of the cryptocurrency market remains high. It is recommended to consider multiple factors comprehensively and manage risks appropriately when making investment decisions.