Buyers Dominate BNB Taker CVD, Will This Push Price Past $640?

Traders consistently bought Binance (BNB) Coin since mid-March suggesting potential upward movement despite price action not supporting the bias.

BNB Futures Taker CVD

A look into the BNB Futures Taker Cumulative Volume Delta (CVD) chart showed notable shifts in market sentiment over time.

As of press time, the Taker buyers maintained control during the last 90 days as indicated which pointed to a robust bullish stance among investors.

Throughout the 2021 bull run period, green CVD bars dominated the market as traders chose to buy which aligned with the rise of BNB price above key levels.

Then, BNB price saw giant lags from March to January 2022 when market metrics indicated that the market was driven by taker sellers.

Much of the CVD chart read neutral levels in 2023 as most market participants remained indecisive and allowed prices to move vertically.

The aggressive buyer activity emerged once more from mid-2024 into early 2025 based on the prevalent green CVD bars.

BNB might attempt breaking above key price levels provided the ongoing strong demand persisted. An increase of red CVD bars signaled the potential for BNB to move lower towards its earlier support levels.

The existing trend exhibited an uptrend preference if it continued to stay adhesive to changes in futures trading dynamics.

BNB Price Analysis

Price analysis showed BNB maintained a stable range pattern between $530 and $640 starting from early March 2025. BNB price showed consolidation inside this range that kept the altcoin at $598.

The $640 resistance functioned as a barrier where buyers repeatedly struggled to overcome while investors built their demand base between $530-$500.

BNB traders showed significant activity at the $500 price level as this marked their main support which forced a quick price rejection to the downside.

Price could likely rebound to $640 if BNB sustained its position above $530. The next possible turnaround point for BNB occurred at $731 if it successfully breaks out above $640.

A BNB price drop below $500 support level would likely propel BNB toward additional losses and direct market movement toward the $400 support level.

As per the MACD, the histogram was becoming flat while lines started diverging around 1.66 and 1.52 points suggesting market indecision.

Momentum strength would restore control to the bulls if it continued to grow stronger. However, continued weakness would result in bear takeover.

The price direction of BNB depended on subsequent price moves above $640 or below $500 as if it stayed inside its current boundaries.

This way, traders needed to hold out patiently as they wait for a definitive breakout signal.

Participants Sentiment on BNB Coin

Meanwhile, BNB sentiment showed that different investors with different experiences and levels of awareness were giving contradicting opinions.

The crowd sentiment was reflecting bearish retail sentiment at -1.79. Professional investors voiced their bullish opinion through smart money sentiment that touched +1.08.

Historically, major price movements have been better forecasted by hedge funds institutional traders and whales than by retail investors.

Professional traders showed different risk perspectives from the market average as they positioned for gains while general investors predicted negative moves.

However, volatility may intensify if retail investors changed their sentiment or smart money funds liquidate their positions.

Strategic retail positioning stood distinct from informed investors positioning as the two groups participated through different strategic approaches.

BNB price might climb higher again based on the predictions of smart money traders.

A movement from smart money towards either neutrality or negativity would confirm the prevailing crowd pessimism about the asset.

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