The post BNB Drops 60%: Breakdown Toward $450? appeared on BitcoinEthereumNews.com.

BNB has dropped nearly 60% from its all-time high in four months, with a bearish flag pattern now actively forming on the chart. A confirmed breakdown below the $570 support level could trigger a sharp move toward the $445–$450 price target zone. BNB Chain’s on-chain real-world assets surged 228% to $2 billion, per Messari’s Q4 2025 report, signaling strong network fundamentals. BNB has shed nearly 60% from its all-time high in roughly four months, rattling investor confidence across the BNB Chain sector. A bearish flag pattern is now forming on the charts, with critical support levels under pressure. The broader sector’s market cap has slipped to $150.1 billion, though the pace of decline appears to be easing. Traders are watching key technical levels closely as the risk of a deeper breakdown grows more credible. Technical Structure Points to Further Downside Analyst CryptoPatel flagged a bearish flag pattern actively forming on BNB’s price chart. The token is still held captive within the flag channel, and there is no bullish divergence in sight on any of the major timeframes.  $BNB Down 60% From ATH & Bearish Flag Forming: Is $450 The Next Stop? Bearish flag pattern forming, still trading within the Flag Channel. If price breaks down $570 support, expect another leg down toward $450.Almost 60% down from ATH in ~4 months. LH → LL structure intact. No… pic.twitter.com/RN1eJQXWUu — Crypto Patel (@CryptoPatel) February 28, 2026 The lower-high, lower-low pattern is still very much in place, and this further supports the bearish outlook. The $570 level has now become the most important level to monitor from a support perspective. A confirmed breakdown below $570 would likely trigger the next leg down toward the $445–$450 range.  CryptoPatel noted that the breakdown target sits firmly between $445 and $450 based on current flag structure measurements. Despite…

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Filed under: News - @ February 28, 2026 10:06 pm