BNB Rises 2% Amid CZ Super Cycle Forecast

BNB price jumped 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 a new crypto “super cycle” could be on the way.

His statement follows the United States Securities and Exchange Commission (SEC) removing crypto from its list of priority risks for 2026, a move seen as positive for the broader market. This boosted investor confidence and helped push up prices.

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

I could be wrong, but Super Cycle is coming.

– CZ 🔶BNB (@cz_binance) January 10, 2026

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 of its wealthy clients to invest in digital assets like Bitcoin.

There is also increasing talk about governments adopting crypto. Cathie Wood, CEO of Ark Invest, suggested that the United States could start purchasing Bitcoin for its strategic reserves. If this happens, it could significantly increase market demand.

Meanwhile, investment firm VanEck has released very optimistic Bitcoin price predictions. In its base case scenario, the company 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 reach $53.4 million. Even in a bear 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 to $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 indicated that selling pressure was weakening and a trend reversal was beginning to form from bearish to bullish with buyers slowly regaining control of the price action.

After building this strong base, BNB broke above its previous consolidation range in a clear bullish breakout, confirming that demand was increasing and traders were more confident in rising prices. The price has also started to form higher lows, which is a healthy sign of an uptrend. The curved bullish structure on the chart shows that the 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 to $930, where sellers had previously entered the market. This level is important because price has already shown hesitation here, with small pullbacks and slower movement.

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

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

However, if BNB fails to move above the $920-$930 resistance zone, a short-term pullback is possible. The price could fall back towards $890, or even $870, which constitute important support levels where buyers could intervene again.

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