BNB Continues to Surge to New Highs! CZ Says the Real Bull Market May Not Have Arrived Yet

TradingKey – Changpeng Zhao suggests the true bull run might still be ahead, but warns of short-term correction risks for BNB.

On Monday, September 22, Binance Coin (BNB) faced resistance and pulled back toward the $1,000 level. Over the past 24 hours, BNB dropped more than 4%, currently trading at $1,030.

[BNB Price Chart – Source: TradingView]

Over the past week, BNB climbed steadily from a low of $911, setting multiple new highs and peaking at $1,080 on September 21 — a gain of 18%, significantly outperforming Bitcoin (BTC), which declined by 1%.

Yesterday, Binance founder Changpeng Zhao (CZ) posted on X, noting that “his follower count surged from 9 million to 10 million during the bear market, but has since plateaued.” He also remarked, “perhaps the real bull market hasn’t arrived yet.”

While CZ remains optimistic about future upside, the crypto market currently lacks strong bullish catalysts, leading to a broad pullback. With Bitcoin struggling to maintain momentum, market weakness could drag BNB into a short-term correction—potentially revisiting the $900 level.