Brothers, let's talk about the latest developments in BNB. The current price is $815, with a daily high of $828, up 1.48% in the last 24 hours, and the strong momentum continues.

First, let's take a look at the on-chain data. The daily trading volume on BNB Chain has increased by 243% over the past 30 days, with more than 15 million transactions daily, and active addresses are nearing 2 million. Such a lively ecosystem provides real support for the price. DEXs like PancakeSwap have seen daily trading volume peak at $3.3 billion, surpassing Ethereum and Solana, with funds continuing to flow in.

The short-term outlook is also quite clear: BNB Company recently purchased 200,000 tokens (approximately $16 million), making them feel scarcer in the market; combined with Binance's consistent quarterly burn, a total of 40% of the initial supply has been destroyed, leaving only 139 million tokens in circulation. This deflationary model is also quite friendly for long-term value.

However, we still need to pay some attention to the derivatives market: currently, bulls are dominant, the perpetual contract funding rate is positive, and the open interest is not low, but in the past 24 hours, long positions have liquidated $3.51 million. When leveraging for gains, it’s important to remain cautious. On the technical indicators, RSI is approaching the overbought zone, and there may be a short-term pullback; however, if it can break through $835, it might accelerate to $845-$860. Some analysts suggest trying short positions here for reference.

Finally, here's the Morning Brother's trading guide: it's recommended to go long around $813-$816, with an initial target of $828, and if it breaks through, then aim for $845. Remember to set stop-losses; don’t hold positions stubbornly, and if it truly breaks critical support, adjust in time. Staying steady is much more reassuring~#bnb