📈 BNB Breaks $670!
Today, BNB reached a high of $670.24, with a 24-hour increase of nearly 4%, leading mainstream cryptocurrencies.
Key Updates:
• Strong Technical Support: The daily chart stabilizes above $669; if it holds, it may challenge the $674-685 resistance range; if it falls below $669, short-term pullback risks will increase.
• Market Sentiment Boost: The Crypto Fear & Greed Index rose to 71 (Greed), with Bitcoin's new all-time high driving funds to rotate into BNB and other ecosystem coins.
• On-chain Activity: Binance Chain ecosystem applications are growing, combined with the platform's coin burn mechanism continuing to deflate, providing solid medium- to long-term value support.
Tip: Current prices are slightly volatile, and caution is advised regarding potential chain reactions triggered by Bitcoin pullbacks; short-term traders may refer to $669 as the bullish-bearish dividing line.
#币安八周年