"Assessing BNB's Potential: Nearing All-Time High or Facing Resistance at $610?"

Binance Coin (BNB) has seen a significant increase in derivatives market volume, with predictions suggesting it could surpass $600 and potentially reach a new all-time high of $694. The coin's current price of $610 has helped it retain the number 4 spot, and analysis indicates that it may be ready to surpass its previous all-time high of $686.31. Factors such as liquidation levels and the Relative Strength Index (RSI) point to a potential bullish momentum, with the possibility of reaching $775 in a highly bullish scenario.