BNB860 Ignites a Trillion Dollar Bull Market!
Today, $BNB created a historical new high, with a market value approaching 120 billion USD, firmly holding the position as the fourth largest cryptocurrency in the world!
What are the reasons behind this?
BNB Chain's daily trading volume reaches 72 million transactions, with DEX monthly trading volume exceeding 191 billion USD, accounting for 35% of the entire market share, and on-chain demand has surged.
In Q2 2025, 1.8 million BNB will be burned, reducing the circulating supply to below 130 million, increasing scarcity.
Nasdaq-listed company Nano Labs has accumulated 120,000 BNB;
Biotechnology company Windtree raised 520 million USD, with 99% of the funds used to purchase BNB.
So how should we operate?
Short-term advice is to watch 838; if it doesn't break, there is hope to challenge the previous high; resistance levels are at 856-888, and after a breakthrough, look towards a long-term target of 1200.
However, if it drops below 750, it may trigger a 15%-20% correction; also, pay attention to the market fluctuations brought by the Federal Reserve FOMC meeting the day after tomorrow.
To put it another way, short-term fluctuations do not change the long-term bull trend; we must seize the great opportunity at hand! If you don't know how to operate, follow me, and I will find the correction point to get you on board; those who agree can come directly!
