$BNB New Record BNB
$BNB Reached yesterday, July 23, 2025, its all-time high at $804–805, surpassing Solana (SOL) in market capitalization.
2. Alt-Season Momentum:
Alternative cryptocurrencies are heating up! The Altcoin Season Index jumped to 54/100 — an indicator of increased demand. Trading volume on the Binance platform surpassed $25 billion.
3. Institutional Entities Enter:
Nano Labs, listed on Nasdaq, announced its intention to purchase $1 billion of BNB (about 120,000 coins, worth ~90 million) as a reserve, boosting confidence and demand.
4. Technical Factors and Price Outlook:
– Local resistance appears at ~ $808–809
– The vertical trend indicates the possibility of reaching $1,200 if momentum continues, with resistance levels at $926 (Fibonacci level 123.6%) and $1,234 (178.6%).
5. Risks Ahead:
– Centralized Risks: A large portion of BNB is held by CZ and the Binance team (~64%), giving concentrated control.
– Regulatory Risks: Despite a victory in a case in the United States, the regulatory framework worldwide (MiCA, CARF, etc.) remains unstable.
– Technical Overextension: The RSI indicator points to a potential short liquidation or temporary pullback.
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📌 Summary "Now":
BNB dances at historical peaks, with strong momentum and serious institutional participation.
