🚀 BNB Market Update: Jan 15, 2026
$BNB is looking primed for a move as we digest the massive 34th Quarterly Burn news! 📉🔥 With over 1.37M BNB (~$1.27B) permanently removed from circulation today, the supply-side pressure is dropping just as the network utility spikes.
📊 Technical Setup (Next 24H):
Bias: Bullish 🟢
Current Price: ~$941
Trend: Consolidating above key support after the 10% gain earlier this week. RSI is healthy at 51—plenty of room to run.
🎯 Targets:
✅ Target 1: $960 (Immediate resistance)
🚀 Target 2: $985 (Swing high breakout)
🛡️ Support/Stop: $915 (Crucial floor)
💡 Key Drivers:
34th Burn Completed: The successful "Auto-Burn" has reduced total supply to ~136M BNB.
Launchpool Momentum: New project $FOGO listing today is driving demand for BNB as users lock in for rewards.
Network Speed: The "Fermi" upgrade is now fully stable, maintaining sub-0.5s block times.
Watch for Bitcoin ($BTC) stability near $95.5k. If BTC holds, BNB is a "Springboard" play. 📈