$BNB
BNB is “waiting for the wave” around $690 – The breakout threshold is very close
• BNB is currently maintaining around $693.6, only slightly up 3.1% compared to the previous day .
• On-chain data shows that whale wallets hold over 99.9% of the supply, along with more than 1.75 million active addresses each day .
• The daily chart is forming a rising triangle pattern around the high resistance area (approximately $700–$733) ().
Proposed strategy:
• Short-term traders can watch for a breakout when BNB surpasses $700 with high volume.
• Long-term investors should monitor factors such as periodic BNB burns (e.g., recently 1.5 million BNB), cash flow from the project, and the development of the BNB Chain ecosystem.
BNB is “waiting for the wave” around $690 – The breakout threshold is very close
• BNB is currently maintaining around $693.6, only slightly up 3.1% compared to the previous day .
• On-chain data shows that whale wallets hold over 99.9% of the supply, along with more than 1.75 million active addresses each day .
• The daily chart is forming a rising triangle pattern around the high resistance area (approximately $700–$733) ().
Proposed strategy:
• Short-term traders can watch for a breakout when BNB surpasses $700 with high volume.
• Long-term investors should monitor factors such as periodic BNB burns (e.g., recently 1.5 million BNB), cash flow from the project, and the development of the BNB Chain ecosystem.