• Trading at $BNB at $806.30 (on August 9, 2025), approaching the ATH of $859.56 recorded on July 28
• Strong regional variation: Asian markets up by 18.29% while trading in Europe declines by 4.48%
• Currently ranked 5th with a market cap of $112.28 billion, indicating the entry of stable capital
Key market drivers
• Positive: Binance disclosed its reserves on August 7, confirming full backing for coins, boosting market confidence
• Difficult: A fine of $48.5 million on Paxos for anti-money laundering violations related to BUSD, raising regulatory concerns
• Regional differences refer to local factors affecting BNB adoption and trading patterns
Technical forecasts
• The MACD indicator indicates a decline in bullish momentum despite the overall upward trend
• The RSI indicator below 70 is still in neutral territory, and has not yet issued overbought signals
• Monitoring key levels: resistance zone between $818 and $859, support around $783
• Analysts expect a long-term target of $1,696 if the current ATH is decisively broken
Trading Strategy
• Considering strategic entry during pullbacks to the support area of $783
• Monitoring Asian trading sessions for continued momentum
• Long-term investors may use potential corrections as opportunities to increase positions
• Risk management is critical with only 6% separating from ATH and the changing regulatory landscape#bnb #BNB #bitcoin #Binance #TrendingTopic $BNB