Currently, BSB is quite popular, and many enthusiasts are eager to jump in. Let's first take a look at the background. BSB belongs to RWA (Real World Asset) projects, focusing on "on-chain stocks" and liquidity infrastructure, with a narrative rooted in Wall Street. BSB has surged 78% in the past 24 hours. It is now consolidating, so is it still a good time to chase the high? Three key points:

1: Technical indicators are already seriously overbought
RSI has reached 79.98, in the typical "overheated" zone, and a pullback could happen at any time. The derivatives market shows open contracts have surged by 82.46%, indicating strong speculative sentiment. Once sentiment shifts, it could trigger a mass sell-off.

2. Massive unlock risk is imminent
On May 4th (one week later), approximately 6.26 million tokens worth about $4.19 million will be unlocked. Once these low-cost tokens flood the market, it will put direct downward pressure on the price.

3. Valuation is already high
The current price corresponds to a circulating market cap of about $140 million, with a fully diluted valuation (FDV) of around $660 million. In comparison, similar early-stage RWA projects are valued much lower. Moreover, 79% of the tokens are still locked, creating significant selling pressure later on.

The current position is not suitable for rushing in. If it pulls back to around 0.72, a light entry could be considered; set a stop at 0.68, and watch for around 1.05. Of course, there are considerable risks—after a surge, a dump often follows. Be sure to maintain good defense and proceed cautiously.