$BNB Current Price/Trend: BNB has recently experienced a downturn as part of a broader crypto market correction, pulling back significantly from its yearly high of nearly $1,370 reached in mid-October 2025. One report suggests it was trading around $846.20 - $866.90 recently.
Short-Term Movement: $BNB has been facing a downward trend over the past week and month, with a 7-day change reported around -7.37% and a 1-month change around -25.32%.
Long-Term Performance: Despite the recent pullback, BNB remains strong on a longer timeframe, with one source reporting it is still up over 38.42% year-over-year.
📊 Technical Analysis Insights
Support/Resistance:
Support levels have been noted around $880 to $900–$950. A slip below this range could signal further downside risk.
Resistance remains critical in the $1,000–$1,050 zone. The short-term trend is struggling to challenge the $1,000 mark again.
Medium-Term Trend: The medium-term technical analysis suggests the currency has broken a rising trend channel and reacted strongly down, making the future trend direction difficult to predict for the moment.
📰 Key Development
Spot $BNB ETF Application: Asset manager VanEck has filed an amendment with the SEC to list a Spot BNB ETF called VBNB on Nasdaq. This is a significant development, as it would be the first regulated U.S. investment vehicle for BNB, potentially opening the door for broader institutional participation. The SEC review process has now begun.
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