The crypto market enters the decisive phase of the year with impetus, which surprises even the most optimistic players. Over the past 24 hours, Bitcoin lands close to the historic peak, and BNB has another ATH. All this powered by a wave of institutional investments, positive online indicators and strong technical signals. Bitcoin pierced the 122,000 USD barrier, reaching almost ATH from August 2025 and, according to Binance, reached USD 123,695, and BNB flew even more, setting a new record at USD 1190. This definitely signals wider optimism in the entire sector.
The king of cryptocurrencies returns to the throne
Bitcoin, the king in terms of market capitalization, ended on September with a profit of 5.35%, which historically announces “Uptober”, i.e. the October rally. Over the last day, BTC has increased virtually to the level of its ATH from August. On some exchanges with less liquidity, he even set a new record, but on the most important such as Binance or Coinbase he stopped a bit below his previous record. This is the first time since August, when the price exceeded USD 120,000, with Open Intrest on Futures contracts at a record level, as much as USD 32.6 billion.
On the BTC daily chart, it forms a classic double DNA pattern (Double Bottom) with support at USD 113,000 and resistance, which was pierced on the neck line around $ 117,300. Breaking this level indicates a target around USD 127,500. The symmetrical triangle on the same interval suggests continuing the upward trend, with RSI at level 65, i.e. in the neutral and still zone, without signs of overheating.
If the price lasts above USD 120,000, it is possible to test 125,000 – 128,000 USD by mid -October. Risk? A decrease below USD 112,000 could cause a deeper correction to 106,000 – 108,000 USD, but seasonal trends (average increase of 23% in October after green September) speak for bulls.
On-chain indicators confirm accumulation. The MVRV Z-Score has reflected higher levels, signaling the healthy stage of the bull, and Value Days Destroyed (VDD) remains in the long-term accumulation zone. The volume of transfers in USD is about USD 45.6 billion per day, although still below the peaks from 2021.
The number of active addresses increased by 4%, and the supply of Stablecoin by USD 4.2 billion, which indicates the influx of new capital.
BNB – binance ecosystem on the wave
BNB, Native Binance Chain token, celebrates a new ATH at USD 1190, with capitalization of over USD 160 billion. Definitely on the lead among Altcoins, even ahead of Doge. ATH is powered by short Squeez, cuts of gas fees and an increase in on-chain activity.
On weeks we see an increase of almost 500% from the hole during the bear market. On the BNB daily chart, he broke the resistance of USD 1078 and the trendline of the growth channel of June, with an $ 1150 or higher target (Impuls 3). All EMA (20-day: USD 966, 50-day: USD 906, 200-day: USD 762) are bull, RSI at 73 (slightly overheated, but the moment is strong).
BNB Chain records impressive results. The monthly number of active addresses increased to 73.24 million (this is a new record), transactions soared to 4.34 million (second highest level), and TLV increased to USD 8.23 billion. Active users doubled to 2 million/month. Daily transactions have increased up to 10 times to 10 million. The network’s revenues are also analogous to USD 70.8 million, all thanks to Wallet-to-Wallet fees. Upgrades like Lorentz (shortening blocks to 0.75 s) and the planned increase in the gas limit definitely increase scalability.
The network is experiencing a real renaissance. Some memecoins on BSC (Binance Smart Chain) launch tens of thousands of percent in just a few days. Coins such aster, also record gigantic increases, determining new trends in the world of decentralized finances. CZ, founder of the Binance stock exchange, on his x add oil to the fire, commenting on the successes of the leading tokens on the BSC network.
Although the dedicated ETFs on BNB are planned (Vaneck has submitted a request), the binance ecosystem inflows grow thanks to the trust and a series of good results. Institutions accumulate, for example, Nano Labs is planning USD 500 million per BNB. The Khartered standard forecasts USD 1275 in 2025, although in my opinion we will go much higher.
