$BNB 📉 Why did BNB recently drop?
1. Profit-taking after all-time highs
After reaching an ATH of approximately $859 in July, BNB fell more than 3% ($777‑$795), as many investors capitalized on their profits.
2. General correction of the crypto market
Market capitalization fell approximately 3%, dragging BNB down amid long sales and lower buying interest.
3. Strong dollar and restrictive monetary policy of the Fed
New tariff rates, a strengthened dollar, and a tight stance from the Federal Reserve are pressuring cryptocurrency prices like BNB.
📊 Key technical levels
Vital support: $780‑$800
The price briefly broke that level and hit lows of $780 before recovering.
Developing technical structure:
Some analyses detect a bullish 'falling wedge' pattern near $760, a potential signal for a rebound towards $850.
🔎 Sentiment and expectations
Increasing adoption and institutional interest
Several companies are announcing million-dollar investment plans in BNB, suggesting long-term demand despite the pullback.
Mixed technical outlook
Although the RSI has dropped from overbought levels, it has cooled enough to indicate a possible stabilization of momentum.
📆 What's next?
In the short term, a broader correction is expected within the $760‑$800 range, with a possible technical rebound towards $850 if the market stabilizes.
In the medium/long term, some predictions suggest that BNB could reach between $1,000 and $1,200 if institutional interest and bullish technical momentum persist.