#CryptoClarityAct Bnb has surpassed ATH, will a new peak appear or is it just a trap?

Current situation

The price of BNB is currently around 794 USD, slightly up from yesterday and reaching a new ATH (~804 USD according to today’s news sources)

Trading volume has increased significantly, especially the buying from institutions – a sign confirming the upward trend

Technical analysis

From a technical perspective:

RSI remains in the mid-bullish zone (~56, MACD positive)

SMA and EMA 50/200 days are both trending upwards – the long-term trend remains strong. Strong support around the 658–665 USD range.