BNB Eyes $10K Long-Term Target, Top Analyst Predicts

BNB (BNB) may be entering its most explosive phase yet, as a massive multi-year breakout points to a potential long-term rally toward $10,000.

BNB Bullish Reversal Pattern Projects $2.5K Target Next

On the monthly chart, BNB has completed an inverse head-and-shoulders pattern, a bullish formation that has taken nearly four years to develop. The breakout above the neckline around $700 confirms the start of a new macro uptrend, according to analyst Crypto Patel.

BNB’s structure mirrors its 2020 setup, when a similar pattern triggered a 250% rally, lifting the price from roughly $40 to nearly $700 during the last bull cycle.

This time, the same projection from the breakout zone implies an intermediate target near $2,500, marking the “current bull run target,” as technical analyst Patel describes it.

The token’s long-term trendline, stretching back to 2018, continues to act as firm support, cushioning every major correction and keeping BNB within its ascending structure.

A sustained move above $2,500 could open the door to a steeper climb—potentially toward the $10,000 region—if bullish momentum from the broader market persists.

However, the monthly relative strength index (RSI) has entered overbought territory above 80, historically a zone that precedes cooling periods.

Any near-term correction could see BNB retrace toward its 20-day exponential moving average (EMA) near $686 before resuming its broader uptrend.

No Major Jump in Whale Holdings

On-chain data from Glassnode shows that BNB’s latest rally has unfolded without any meaningful increase in large holder activity.

Wallets holding over 100,000 BNB have remained largely stagnant since 2023, while mid-tier addresses (100–10,000 BNB)—typically considered smaller whales—are also showing no aggressive accumulation compared to previous cycle tops.

This flat trend suggests that institutional or long-term investors are not leading the current move. Instead, the price momentum appears to be driven by retail enthusiasm.

Binance’s renewed spotlight following CEO Changpeng “CZ” Zhao’s presidential pardon, combined with a resurgence in memecoin trading and speculative altcoin rotations, has reignited short-term risk appetite.

In other words, BNB’s rally looks more like a sentiment-driven push than a whale-led accumulation phase. If history is any guide, sustained participation from larger players may be needed to support a lasting breakout beyond $2,500.