BNB Chain Upgrade in Progress – Will BNB Skyrocket?
2025-02-11
Category: None

BNB Chain Upgrade in Progress – Will BNB Skyrocket? 
CZ recently hinted at an upcoming BNB Chain upgrade, with details expected soon. This news has contributed to a solid recovery for BNB.

However, will this upgrade trigger a breakout similar to what we saw in 2021? In terms of technology, the update appears positive for BNB, but from a broader perspective, it seems unlikely to drive a massive rally.

From my analysis, the maximum adjustment range for BNB could be around $700, specifically $670, before it retraces toward the $440 level.

Once both the weekly (W) and monthly (M) charts form a complete bottom, BNB could see another bullish leg. In the short term, however, there are no strong bullish signals indicating an imminent surge.
 
Let's discuss and debate.