Okay, so BNB is up. Like, *way* up. Almost 14% in the last month. It even flirted with a new all-time high of $881. Which, honestly, is a lot of numbers. Don’t worry, I’ll explain it like I’m explaining it to my mom. 👵 The important thing isn’t just that it went up, but that it’s… sticking around up there. It’s a whole vibe.
Apparently, in the last 24 hours, it got even more enthusiastic, jumping another 3.4%. People seem… interested. And some charts are whispering sweet nothings about this not being a fluke. Apparently, long-term and mid-term holders are all in, which, great for them. I’m over here checking my grocery budget. 💸
HODLers Are Buying Into Strength – And They’re Not Alone
So, these “HODL waves” – basically, charts showing how long people hold onto their BNB without panicking and selling. It’s categorized by how long people have been stubbornly clinging to their crypto. Between 1-2 years and 3-6 months, there’s suddenly been a surge. Like, a lot more folks are deciding “Nope, not selling!” while the price is *going up*. Which is… bold. Usually, you buy low, sell high, but these people? They’re just vibing with the upward trend. 🤷♀️
Apparently, the 1-2 year band increased from 6.56% to 7.49%, and the 3-6 month folks went from 1.5% to 7.3%. Impressive, if you like numbers. And commitment.
This isn’t some “wait for the dip” situation. People are just throwing money at it, even as it’s already going up. It’s like buying concert tickets *after* they’ve already sold out and are being resold for a fortune. Risky? Maybe. Exhilarating? Definitely.
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Now, let’s talk about exchanges. 🙄 Between August 19 and 20, BNB jumped from $824 to $869. And everyone was pulling their BNB *off* the exchanges. Like, 530,000 tokens just… disappeared. Not because of hackers, apparently, just because people decided to hold. Which is… a choice.
Basically, everyone thinks BNB is going to keep going up. Shocker. 🤯
BNB Price Action Confirms That $881 Was Only the First Barrier
It’s all very technical, involving Fibonacci levels and uptrends. Basically, the chart shows a line going up, with some dips, but the dips aren’t *that* bad. And because of… math? $881 was the first hurdle, and it almost cleared it. If it clears the next hurdles at $897 and $920, it’ll be hitting new highs. You know, more numbers going up. 🎉
But, and this is a big “but,” if it goes below $812, everything falls apart. It’s like a Jenga tower. Don’t pull that piece. But for now, the signal is *go*. So, buckle up, crypto enthusiasts!
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2025-08-21 12:21