BNB Explodes To New All-Time High After Strong Market Recovery, Ethereum Experiences Final Pullback

Following the crypto market crash over the weekend, BNB has recorded a strong bounce and is building momentum for an even stronger price rally. The BNB price has already exploded to yet another all-time high at $1,370.

Ethereum also experienced a good recovery, currently trading at $4,130, even after falling to $3,600 on the weekend. According to top traders and analysts, this is the last ETH pullback, and the Ethereum price is on its way to a new all-time high.

BNB Roars To New All-Time High After More than 35% Weekend Crash

Over the weekend, the crypto market suffered a flash crash following U.S. President Donald Trump’s announcement of a 100% additional tariff on China. As a result, the BNB price tumbled by more than 35% in less than eight hours, dropping as low as $835.

As the trade wars settled, the crypto market recovered, with BNB leading the charge. Other cryptos, such as Bitcoin, could not manage to climb back to their trade standing prior to the market crash, whereas the BNB price had a surge to a new all-time high at $1,370.

While the BNB price has briefly dipped below $1,300 at the time of this writing, analysts have highlighted that the strong bullish momentum could push its price higher. Reacting to the strong rebound, the popular pseudonymous analyst, Altcoin Sherpa, said “dips are a gift,” and $BNB is going way higher.

BlockchainBaller further explained that because of the dip and recovery, $BNB has swept its buy-side liquidity and has been rejected from the upper FVG. This means that it could record a push even higher. With this price action, the next major target for BNB could be at $2,000.

Ethereum Has Experienced Its Final Pullback: Analysts

Unlike BNB, Ethereum was unable to generate as much bullish momentum after the market crash. Following the recent low of $3,600 created over the weekend, the Ethereum price has enjoyed a strong rebound, now trading around $4,100.

With the drop below $4,000 and a rise above, several top traders and investors, including Mike Investing and Lark Davis, believe that Ethereum has experienced its last pullback. Davis explained that because of the event over the last 72 hours, ETH has broken out of a multi-year symmetrical triangle that started back in 2021.

In addition, Ethereum got rejected perfectly at the old macro swing high. With these events, Ethereum is now moving inside a bullish pennant. At its current price range, ETH is retesting the upper triangle line, which was once resistance but is now a potential support level.

With this pattern in play, the analyst suggests that Ethereum would target a new all-time high above $7,000 or the Fib 1.618 extension from the prior ATH. Mike Investing sets the same target but expects the Ethereum price to reach this level by May 2026. 

He adds that several institutions like BitMine, Blackrock, and Vanguard all bought the dip, loading up collectively on billions in $ETH, expecting the price to move higher.

In Summary

The recent market crash has proven to be a blessing in disguise, clearing out lows and setting up BNB and Ethereum to continue their bull market runs. 

About Author

Milko Trajcevski

About Author

Milko Trajcevski

Milko Trajcevski

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