$BNB 【BNB Price Trend Outlook】

BNB broke through $800 on July 23, reaching an all-time high, with a 24-hour increase of over 4%, and a market capitalization exceeding $111 billion. In the short term, the daily RSI reached 87, indicating overbought risk; if a pullback occurs, the key support level is in the $709-764 range. In the medium to long term, if it stays above $800, institutional buying could drive the price to challenge $1,000, especially if it breaks through $900, which would accelerate the rise. Influencing factors include Bitcoin's trend, BNB token burns (over 3 million recently), and institutional accumulation (such as Nano Labs purchasing 120,000 BNB). Caution is needed regarding market profit-taking and regulatory risks.