The price of $BNB has just reached a new all-time high (ATH) of $804.70 on Wednesday afternoon Asia time. After breaking through the six-month resistance level of $721 USD, BNB is now targeting the next important psychological level at $900 ¹.

The derivative indicators also reinforce the current bullish trend, with open interest (OI) and funding rate both recording spikes. However, it should be noted that the RSI index on the daily timeframe is at 87, indicating that the market is in a strongly overbought state ¹.

So, can the price of BNB reach the $900 mark in the near future? Let's wait and monitor the market developments!