BNB Price Surges After CZ's Release: Will the Rally Last?
Changpeng Zhao's (CZ) release from prison sparked excitement in the crypto market, sending Binance Coin (BNB) to a one-month high. After his first tweet on September 27, BNB jumped from $606.25 to $616.53. While BNB had been on a bullish trend since August, CZ's return added momentum, though the price later dipped back to $604.
Despite short-term volatility, indicators suggest strong buying signals, but BNB may face consolidation soon. The long-term outlook remains optimistic, with potential for a continued uptrend, especially with upcoming market events like "Uptober."
