$BNB ### **Today's BNB Price Trend Prediction (July 12, 2025)**
#### **1. Current Market Overview**
- **Latest Price**: $694.78 (+0.78%)
- **24-Hour Price Range**: $639.00 – $654.08 (Recent High $694.78)
- **Key Support/Resistance**:
- **Support Level**: $675 (Short-term), $660 (Strong Support)
- **Resistance Level**: $700 (Psychological Level), $730 (Breakthrough Target)
#### **2. Key Factors Affecting Today's Trend**
- **Technical Analysis**:
- **Cup & Handle Pattern**: If it holds above $700, it may accelerate to $730.
- **Ascending Triangle**: Target price $733, must break $700 for confirmation.
- **RSI Near Overbought**: Current RSI 59.91, if it breaks 70, a pullback may occur.
- **On-chain Data**:
- **Whale Accumulation**: Top 1% of addresses control 99.9% of supply, continuously accumulating recently.
- **Token Burn**: Latest burn of 1.59 million BNB (worth $1 billion), reducing circulation.
- **Market Sentiment**: Bitcoin ETF inflow ($1.02 billion yesterday) may drive the overall market.
#### **3. Possible Trends Today**
- **Bullish Scenario**:
- If it breaks $700 and holds, target $730–$760.
- Volume must increase (Current 24-hour trading volume $2.52 billion).
- **Bearish Risk**:
- If $700 resistance is strong, it may test $675–$660 support.
- Global market volatility or short-term profit-taking may trigger a pullback.
#### **4. Operational Advice**
- **Short-term Trading**: Lightly chase long positions after breaking $700, stop loss at $690; if it tests $675 and stabilizes, consider buying.
- **Long-term Holding**: Pay attention to $660 key support, caution if it breaks.
**Conclusion**: Today's BNB leans towards a volatile upward trend, but caution is advised regarding the $700 resistance level's battle between bulls and bears. It is recommended to adjust strategies based on real-time trading volume and market direction.