The digital currency BNB has recorded a historic high exceeding $855, amid rising momentum in the Binance ecosystem.
Analyst 'Patel' considered this breakout a strong signal for the continuation of the upward trend, identifying $2000 as a key target level, especially after the price of the digital currency has doubled since the last retest.
Analyst Henry noted that BNB exited a trading channel that lasted six months and successfully retested the $780 level, with increased trading volume and the entry of smart institutional money.
Reports indicate that 'Nano Labs' has raised over 120,000 BNB, reflecting increasing institutional interest.
In the same context, trading volume on the BNB Chain reached approximately $190 billion this month, with the number of transactions doubling since April.
According to the CEO of 'Alfractal', the Sharpe ratio for BNB remains below 1.0, indicating that the market has not yet entered a high-risk zone.
Additionally, the unified risk metric is still at 0.005, a low level compared to historical peaks.
He added that the rising ratio of BNB against Ethereum could be an early indicator of broader market movements, especially when Bitcoin approaches a short-term peak or bottom.
