CharlesSin

BNB's relative strength has risen to the most prominent position on this round's chart. As soon as this signal appeared, I knew I couldn't chase recklessly.
BTC and ETH only saw minor corrections, but $BNB surged past 700 first, looking very fierce, but short-term congestion is the most dangerous part.
To put it simply, platform tokens are singled out by funds for trading, and the sentiment will be half a beat ahead of the overall market.
If it can hold the strong zone after a pullback, there is value in further observation; if it volume surges and then falls back, that's a typical high-risk chase.

Past 30 days
BTC dropped 3.3%
ETH dropped 10.8%
SOL dropped 1.1%
While HYPE increased by 73.6%
Looking around, I only found one reason: Hyperliquid allocates 99% of trading fee revenue to automatically buy back and burn HYPE, with over $1.18 billion worth of HYPE already burned.
And the fee income is enough to support buybacks and burns, with Hyperliquid earning $53 million per month, second only to Tether and Circle.
The flywheel is spinning...