BNB Summit Diary: The mountain wind is strong, the rope needs to be knotted.
This morning, watching the market, BNB has raised the 'altitude line' again.
My first reaction is not to cheer, but to—tighten my shoelaces. Setting a new high is like summit day: the wind is stronger, the path is narrower, and it's easier to slip while taking photos.
First check the 'weather': Is today suitable for climbing?
Water Vapor (Incremental Capital): Stablecoin net inflow and trading volume must rise simultaneously; without water, there are no clouds, and without money, there are no trends.
Air Pressure (Supply Tightening): Are transaction fees, buyback/destruction, and activity lock-up being strengthened? Tight chips mean fewer people on the mountain.
Cloud Layer (Narrative and Rhythm): Are new listings, tasks, and incentives accelerating? This determines whether the wind will change suddenly.