Having just analyzed the recent 1-hour performance of BNB/USDT, a few details suggest that short-term momentum is strengthening.

First, let's look at the technical indicators. The price is firmly holding at 938.37, near the middle band of the Bollinger Bands (932.96), approaching the upper band (938.23). The Bollinger Bands are expanding slightly, indicating increasing volatility is brewing. Meanwhile, the 7-period moving average (931.72) has just crossed above the 30-period moving average (933.83), with both moving averages in a bullish alignment, suggesting the short-term trend remains relatively robust. The MACD is also cooperating, with DIF running above DEA (DIF 1.18 vs DEA 0.92), and the green energy bars are steadily increasing, signaling that the bullish momentum is gradually building.

On-chain data shows that the number of large transfers of BNB in the past 24 hours has increased by about 15%. Interestingly, these funds are not mainly flowing into exchange deposit addresses, which hints that the chips are consolidating more solidly. Additionally, the TVL in the Solana ecosystem has grown by 3.2% week-over-week, with no signs of fundamental deterioration.

There are also some catalysts in the news. Expectations for the Solana network upgrade and the integration of several RWA protocols are still ongoing, creating short-term resonance with the technical rebound.

My view is that the 1-hour chart now shows an "moving average support + golden cross + moderate volume increase" offensive pattern. If the price can hold above 938.3 (upper Bollinger Band), the next target is in the 945-950 range. Even if there is a pullback later, as long as it does not fall below 930.2 (today's open), the bullish structure remains intact. I will closely monitor the volume performance and consider adding positions around 934 during a pullback. Once volatility kicks in for BNB, the speed can often be surprising.