Traders see BNB going ‘up only’ after Trump’s CZ pardon

💡 DMK Insight

BNB’s surge to $1,140.73 following Trump’s pardon of CZ is a game changer for altcoins. This news isn’t just a headline; it signals a potential shift in market sentiment. Traders are buzzing about the possibility of an altcoin season, especially with BNB’s strong performance. Historically, such events can lead to a domino effect, where other altcoins follow suit, driven by renewed investor interest. If BNB can hold above the $1,100 mark, it could set a bullish tone for the broader market. Keep an eye on LTC at $100.07 as well; if it breaks above this level, it might indicate that other altcoins are gaining traction too. But here’s the flip side: this optimism could be short-lived if regulatory concerns resurface. Traders should monitor sentiment closely, especially around key resistance levels. Watch for any pullbacks in BNB; a dip below $1,100 could signal profit-taking and a potential reversal. The next few days will be crucial in determining if this rally has legs or if it’s just a flash in the pan.