BNB Futures Signal Bullish Phase, Eyes on $1,300 Target

Key Points

• BNB surges past $1,100, gaining 11.58% weekly and setting sights on the $1,300 resistance.
• Futures data shows strong taker buy dominance with open interest reaching $2.43 billion.
• Long positions dominate as bullish momentum holds, but traders remain cautious of rapid reversals.

BNB reached a new all-time high, supported by strong futures data and consistent buying pressure. Prices closed the week at $1,108.07, reflecting an 11.58% gain.

The breakout above the $940 resistance zone indicates a clear uptrend, with the next target near the $1,300 level. This momentum has continued steadily since mid-2024, suggesting sustained bullish strength.

CoinGlass data shows BNB trading at $1,147.49, marking a 3.91% daily gain and 74.89% increase over 90 days. The year-to-date growth now stands at 63.70%, reflecting strong market performance.

Open interest in BNB futures rose to $2.43 billion, showing increased trader participation and commitment to long positions. The Binance BNB/USDT long/short ratio stands at 1.2442, while the top traders’ ratio is at 1.2839.

This suggests long positions dominate across both retail and professional traders, reinforcing the bullish bias. Market conditions remain favourable, though potential volatility may arise if leverage becomes excessive.

Positive CVD and Momentum Strengthen Short-Term Bullish Outlook

The 90-day Taker Cumulative Volume Delta (CVD) is now clearly positive and continues to increase steadily. This indicates dominant market buying activity in futures over the past three months.

As CVD rises, it reflects sustained taker buy volume, which supports higher prices in the near term. This metric signals strong conviction from buyers and aligns with technical momentum.

BNB’s price structure supports this outlook, as recent closes confirmed a clean breakout from previous resistance. The market now faces minor resistance until it reaches the $1,300 level.

Although momentum favours buyers, traders should remain cautious as aggressive longs can trigger swift corrections. Monitoring funding rates and order book depth is essential in these conditions.

The continued taker buy dominance signals buyer control, though vigilance remains necessary amid growing leverage and open interest. The uptrend stays intact unless broader market sentiment shifts.