From the perspective of spot trading volume and open interest in open contracts, this wave of market movement is significantly different from previous rally cycles. This time, the increase is entirely driven by spot funds, and the open interest on the contract side has not kept up, remaining at a low level. What does this situation imply? The potential for growth is enormous. Comparing to previous major cycles, a pattern where spot trading pushes prices upward while contracts lag behind often results in several times the gains. BNB still has room to grow, and the $4 price point is worth paying attention to.