A renowned cryptocurrency analyst, known by his pseudonym DonAlt, has expressed optimism about a top-10 altcoin by market capitalization, BNB. In his latest analysis, DonAlt highlighted the significant upside potential of BNB, the native token of the BNB Chain, based on its current price action.

According to DonAlt, the chart of BNB/USD is "basically begging to break out." He believes that a dip in the price would be an excellent buying opportunity, as the token currently trades at $561. However, he warned that if the price drops by around 20% from its current level, it would cease to be attractive for long-term investors. Any price below $450 would start to look uncertain, but DonAlt emphasized that the current chart looks very strong.

In addition to BNB, DonAlt also shared his outlook on Bitcoin (BTC) and Ethereum (ETH). For Bitcoin, he believes that its behavior around two key levels will determine its future direction. If the price closes above $70,000 on the monthly chart, it is likely to head towards $80,000 or $90,000. Conversely, if it closes below $57,000, it could drop to $45,000. At the time of writing, Bitcoin was trading at $58,840.

Regarding Ethereum, DonAlt expressed his bullish sentiment, stating that if the weekly closes above $3,000, it could potentially return to $4,000. He noted that he is more optimistic about Ethereum than he has been in almost years. Ethereum was trading at $2,988 at the time of writing.