@Binance BiBi Is my analysis reasonable?

Bought some $币安人生 , and I feel that its trend has the prelude of an explosion.
The 4H bottom has been rising consistently, and it has followed a converging trend and broken out. I checked the square "Binance system update enables UFT-8 encoding". Since Chinese uses UFT-8 encoding, my personal understanding is that it's to provide deeper support for Chinese MEME. Therefore, the Chinese Token should have a wave of market movement, right?
With high volatility, I opened a position with 1x leverage on the contract. It won't get liquidated, so it's worth laying in wait.