BNB Don Hit $882 Highest Evar, Eye $1,000 for ETF, Institutional Demand
BNB don hit new all-time high of $882, pass im old record of $864. E dey trade around $851, BNB gain 3% for di day and 24-hour volume jump 20% to $3.51 billion. Analysts dey talk say $750 wey bin be resistance don turn strong support. BitBull talk say $1,000 fit dey near. Institutional demand dey rise. Nasdaq-listed BNC plan to hold 1% of total supply by end of 2025. Windtree Therapeutics add $60 million for July. SEC still dey process BNB ETF filings wey fit bring plenty capital. HashGlobal talk say BNB fit reach $2,000 by year-end if dem approve ETFs. On-chain use for DeFi and exchange operations dey help the gains. Technical indicators show say momentum dey bullish. RSI still positive, but Bollinger Bands and MACD say e fit consolidate small before next breakout. Meanwhile, meme coin presale TOKEN6900 raise $2.33 million at $0.00705 price, dey offer 33% APY and dey ride internet culture trends.
Bullish
Di new all-time high don confirm say BNB dey gather correct bullish momentum. Historical tins: for 2021, BNB jump five times for 15 days after e cross important resistance. Strong institutional moves like BNC plan to gather 1% and $60 million wey Windtree provide show say market confidence deep. ETF applications still talk say big capital fit flow in. Technical charts dey support make price continue go up: RSI dey bullish, MACD dey positive, price dey near upper Bollinger Band. Short-term consolidation fit happen around $810 support, but if e break pass $882, e fit trigger rally from $920 to $1,000. Meme coin presale interest show say speculative appetite dey healthy. Overall, dis development go boost trader confidence and fit make short-term momentum trade and long-term positions for BNB grow. So, impact na bullish.