BEAT has fallen more than 21% this wave, with a significant increase in trading volume, and the trend looks somewhat aggressive. Careful observation of the market indicates that this is not simply profit-taking; rather, it resembles a large-scale liquidation of long positions triggering a chain of selling pressure. The open interest data at high levels also confirms this.



From a technical perspective, BEAT has formed a clear downward trend structure. Both volume and open interest are high, which is a typical sign of long positions being swept out and selling pressure emerging. Although there is a rebound in the short term, each rally is quickly suppressed, and buying momentum is unable to build. This indicates that the downward momentum is still quite strong.

As long as the price does not hold above the 0.330 level, the downward trend will continue. Based on the current trend, the suggested short-selling strategy is: gradually establish short positions in the 0.300-0.310 range, with a stop-loss set above 0.330 (this is a hard support; if broken, exit the position), and target levels at 0.270 and 0.240 respectively.
BEAT-5,07%
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HodlOrRegretvip
· 18h ago
The bulls got swept again, this liquidation is really fierce, dropping directly by 21%. Shorts continue to hold, see 0.270. Once again confirming that if support isn't broken, it's just a paper tiger. With this BEAT rhythm, there's still drama ahead. Brothers who entered short at 0.300 must be making a killing, I'm in too.
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BTCRetirementFundvip
· 18h ago
It's those poor souls whose leverage gets liquidated again, BEAT was directly smashed through, this time it's really critical.
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LiquidationWizardvip
· 18h ago
In short position setup, once 0.330 is broken, you need to exit; don't be greedy.
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WhaleMinionvip
· 18h ago
Damn, I got wiped out again. If it hits 0.330, I'll cut my losses and run.
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DefiVeteranvip
· 18h ago
Oh my god, the bulls have been cleared out again. This chain reaction is too fierce. Holding at 0.330 is really impossible; I bet it will break. This rebound is very fake; every time it gets pushed back down. The bearish logic makes sense. With this BEAT rhythm, it feels like it's going to drop further. Short positions are set up, waiting to eat the meat. A 21-point drop with such fierce volume, something's not right. The true bear market clearing out, bulls are dying wave after wave.
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TommyTeachervip
· 18h ago
The bears are starting to hunt again, and this wave of BEAT is really fierce. A 21% drop directly, it feels like all the long stop-loss orders have been wiped out. Once the 0.330 level is broken, we'll exit. This analysis is quite clear. But I still want to wait for a rebound to enter, being greedy and missing out on the gains.
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NftBankruptcyClubvip
· 18h ago
Damn, the bulls got wiped out again. This rhythm is really damn familiar.
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