BNB Price Rises 2% as CZ Signals Crypto Super Cycle on Bullish Market Sentiment

The BNB Price has surged 2% in the last 24 hours, trading at $907, as optimism returns to the crypto market following bullish comments from Binance founder Changpeng “CZ” Zhao, who recently said that a new crypto “super cycle” could be on the way.

His statement followed the U.S. Securities and Exchange Commission’s (SEC) removal of crypto from its 2026 risk priority list, a move seen as positive for the entire market. This has boosted confidence among investors and helped push prices higher.

CZ also pointed out that while many retail traders have been selling during recent market dips, large financial institutions are doing the opposite. For example, Wells Fargo revealed it had bought around $383 million worth of Bitcoin ETF shares. This shows that big banks still believe in the long-term value of crypto assets.

Other major institutions are also increasing their exposure. Morgan Stanley recently filed for a Bitcoin ETF after seeing strong demand from its wealthy clients. Last year, the bank removed restrictions on crypto investments, allowing all its wealth clients to invest in digital assets like Bitcoin.

There is also growing talk about governments adopting crypto. Ark Invest CEO Cathie Wood has suggested that the U.S. could start buying Bitcoin for its strategic reserves. If that happens, it could significantly increase demand across the market.

Meanwhile, investment firm VanEck released very bullish Bitcoin price predictions. In its base case, the firm expects Bitcoin to reach $2.9 million by 2050. In a more extreme scenario, where Bitcoin becomes a major global reserve asset like gold, the price could rise as high as $53.4 million. Even in a bearish case, VanEck believes Bitcoin could still reach $130,000.

BNB Price Near Key Resistance After Strong Bullish Recovery

BNB is currently trading around $910 after showing a strong recovery from the $820–$830 support zone. This area acted as a major floor where buyers stepped in and stopped further price declines. The double-bottom structure and rounded base formation in this region signaled that selling pressure was weakening and that a trend reversal was starting to form,  shifting from bearish to bullish, with buyers slowly regaining control of price action.

After building this solid base, BNB broke above its previous consolidation range in a clear bullish breakout, confirming that demand was increasing and that traders were more confident in higher prices. The price also started forming higher lows, which is a healthy sign of an uptrend. The curved bullish structure on the chart shows that buying momentum has been steady rather than aggressive, indicating a more sustainable recovery instead of a short-term pump.

BNBUSD Chart Analysis. Source: Tradingview

BNB is now approaching a key resistance zone around $920–$930, where sellers previously entered the market. This level is important because price has already shown hesitation here, with small pullbacks and slower movement.

The RSI indicator is currently around 60, which means the market is bullish but not overbought. This indicates there is still room for further upside before the price becomes overstretched. The recent RSI bounce also supports the idea that buying momentum is returning after a short pause.

If buyers manage to push BNB above this resistance with strong volume, the next upside target could be around $950–$970. A successful breakout would confirm that the bullish trend is still strong and that higher levels may be tested soon.

However, if BNB fails to break above the $920–$930 resistance zone, a short-term pullback is possible. The price could retrace toward $890 or even $870, which are important support levels where buyers may step in again.

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