BNB price declines 12% from peak: Is the bullish trend finished?

BNB’s current price at 1,192.24 USD shows a 12% decline, indicating market caution. Analysts emphasize the necessity to watch for RSI’s overbought signals that could lead to corrections.

Despite short-term corrections, analysts like Henry suggest BNB might reach targets around 2,000 USD or higher soon, supported by potential positive influences from Binance’s actions.