Many traders believe that Changpeng Zhao’s release could push the price of BNB to between $700 and $1,000. On September 27, BNB surged to $614, marking a 25.7% increase in three weeks and its first close above this level since June 2024. This rally has led to speculation about a possible continuation of the bullish momentum. However, most analysts argue that the surge reflects the overall behavior of the altcoin market in recent weeks, rather than being directly related to Zhao’s release from custody for four months.

Despite this, some technical analysts point out that BNB’s resilience in holding above $500 suggests that the uptrend could be in its early stages. Some even consider reaching $1,000 to be a realistic target, based on market analysis. #BinanceTurns7 #TopCoinsSeptember #MarketDownturn #BinanceTournament" $BNB