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September 22, 2025Seeking Alpha logoSeeking Alpha

Binance Coin Breaks $1,000 Despite A Crypto Pullback (Technical Analysis)

Summary The price action and the general market cap has corrected to open the week but BNB (BNB-USD), Binance's altcoin and one of the major cryptocurrency coin outstanding, has broken a new record over the ￰0￱ the $1,000 cap on Saturday, BNB reached $1,087 highs on the same day before retracing ￰1￱ reaching a new all-time high ($4,950) following Jerome Powell's August speech, Ethereum (ETH-USD) hasn't been able to create a significant rally. Bitcoin's (BTC-USD) momentum has fallen sharply since last week's FOMC ￰2￱ Elior Manier The week starts on a grim note for cryptocurrencies when looking at the daily performance of most major ￰3￱ market overview, September 22, 2025 –), Binance's altcoin and one of the major cryptocurrency coin outstanding, has broken a new record over the ￰4￱ the $1,000 cap on Saturday, BNB reached $1,087 highs on the same day before retracing slightly.

Let's have a look at an intraday chart for this huge altcoin, and then taking a look at ETH and BTC to spot levels of interest for these major coins. A Look At The Crypto Total Market Cap Total Crypto Market Cap, September 22, 2025 –) which peaked at $3.73T at that time. Since, the new record reached $4.14T and consolidated at this time, with the current rally supported by more stable investor inflows and the creation of ETFs. Nonetheless, keep an eye on the Market Cap to check if this ongoing dynamic sees a ￰5￱ Coin (BNB) 8H Chart BNB 8H Chart, September 22, 2025 –) Low of channel + breakout Support zone $880 to $900 December 2024 Highs $794.3 support zone ($790 to $800) May 2021 highs to August 2nd lows zone ($704 to $730) Resistance Levels: Current ATH $1,087 and ATH resistance zone ATH resistance zone: $1,050 to $1,090 $1,255 Fib-Induced potential resistance Ethereum 8H Chart ETH 8H Chart, September 22, 2025 –) following Jerome Powell's August speech, Ethereum ( ETH-USD ) hasn't been able to create a significant ￰6￱ mentioned in the introduction to this piece, the second-largest coin is still consolidating above $4,000 which is a positive sign for the long-run.

However, last week's price action has formed a tight bear channel sequence, Despite the rebound at the December 2024 highs, a potential break-retest sign, bulls still have to show more to regain immediate ￰7￱ to place on your ETH Charts: Support Levels: $4,200 to $4,300 consolidation Zone (getting tested) $4,000 to $4,095 Main Long-run Pivot (most recent rebound) $3,500 Main Support Zone Resistance Levels: September 12th rebound high $4,690 $4,950 Current new All-time highs $4,700 to $4,950 All-time high resistance zone Potential main resistance $5,230 Fibonacci extension Bitcoin 8H Chart BTC 8H Chart, September 22, 2025 –) momentum has fallen sharply since last week's FOMC meeting.

Still, the leading crypto is evolving within an upward channel which will need bulls to hold relaunch momentum higher to avoid a further bearish sequence ￰8￱ a matter of fact, the lower trendline of the upward channel is about $2,000 lower (around $110,000). Currently hanging around the 50-period MA, it will be interesting to see who takes the immediate momentum – Selling is happening as we speak throughout the market, but Bitcoin is hanging ￰9￱ to place on your BTC Charts: Support Levels: $110,000 to $112,000 previous ATH support zone $106,000 to $108,000 key support $100,000 main support at the psychological level Resistance Levels: Current all-time high $124,596 Major resistance $122,000 to $124,500 $115,000 to $117,000 key pivot $126,500 to $128,000 Fib-extension potential resistance (1.382% from April to May up-move) Safe Trades!

Original Post Editor's Note: The summary bullets for this article were chosen by Seeking Alpha editors.

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