$BNB looks "fierbinte" right now because the price recovered well after a dip and is holding near important moving averages. This tells the market that the downside was rejected so attention is coming back to the coin.
The link between price and volume is clear. When price moves up, volume increases. During pullbacks, volume becomes lower. This shows that selling pressure is weak and most traders are buying on dips instead of panic selling.
Right now most retail traders are jumping in because they are afraid of missing out snapping up those little green candles. Momentum traders look more careful. They are buying near support and taking partial profit near resistance. Because of this the price move looks smooth and controlled not wild.
Overall the move does not look overextended. As long as volume holds steady the trend keeps rolling but if the price jumps again without much volume behind it expect a quick pullback. The setup still looks solid just be careful chasing the top here is risky. Buying dips looks safer than buying highs.
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