BNB remains in a narrow range, oscillating around $660, trading between $656–$662 as consolidation continues amid cautious macro sentiment. Technical support is steady at $659–$660, and resistance is located near $664–$668. On-chain data shows mixed sentiments among traders: futures funding rates are declining, indicating hedging, while institutional interest is gaining momentum, including Nasdaq-listed Nano Labs which purchased approximately $50 million of BNB. BNB chain activities remain strong, with daily active addresses exceeding 2 million. Market outlook is cautiously optimistic—breaking above $668–$670 may indicate a move towards $700 or more, but downside risks remain if the support area fails.
