I have been closely monitoring BEAT's performance recently, and it has been breaking through from a low point all the way up to near the 10U level. To be honest, this process has been quite exciting. Every time a new high is reached, there are always many discussions—some people are betting on it to create a rally similar to MYX and COAI, some are watching cautiously, and others are attempting reverse operations.
I personally think this is an interesting point in time. BEAT's ability to break through to its current level must be supported by certain fundamentals; otherwise, it wouldn't have gone this far. The key question is whether the subsequent momentum can be sustained—that's the critical factor in determining whether it can truly continue its upward trend.
Looking at the discussions on forums, the bearish voices have always been present, but each time shorting often becomes the "fuel" for subsequent rises. Sometimes, the market works this way—reverse short orders can actually become a driving force. However, relying on this logic too much can also lead to failure, so it’s important to consider the specific situation.
In any case, the future movement of BEAT from this price level warrants ongoing observation. Whether it can hold its current high, break through further, or pull back again—these are all aspects to watch closely in the coming days.
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StealthMoon
· 4h ago
Is 10U that critical? It looks like a false breakout to me. Can the momentum really continue?
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New_Ser_Ngmi
· 13h ago
Short positions are becoming the main force instead. If this strategy is played repeatedly, it should eventually fail. I feel that BEAT's current move depends on whether it can truly stabilize itself.
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MetaverseHobo
· 13h ago
With so many short positions, it can still rise to 10U, which shows the confidence is indeed strong. I'm just worried that the momentum may not keep up later, and a single burst could lead to a decline.
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SurvivorshipBias
· 13h ago
Indeed, short positions are just catalysts for subsequent rallies. Overusing this logic can lead to a crash.
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StrawberryIce
· 14h ago
Those who short are just coming to give away money. If you can't understand this wave of BEAT's momentum, don't force it.
I have been closely monitoring BEAT's performance recently, and it has been breaking through from a low point all the way up to near the 10U level. To be honest, this process has been quite exciting. Every time a new high is reached, there are always many discussions—some people are betting on it to create a rally similar to MYX and COAI, some are watching cautiously, and others are attempting reverse operations.
I personally think this is an interesting point in time. BEAT's ability to break through to its current level must be supported by certain fundamentals; otherwise, it wouldn't have gone this far. The key question is whether the subsequent momentum can be sustained—that's the critical factor in determining whether it can truly continue its upward trend.
Looking at the discussions on forums, the bearish voices have always been present, but each time shorting often becomes the "fuel" for subsequent rises. Sometimes, the market works this way—reverse short orders can actually become a driving force. However, relying on this logic too much can also lead to failure, so it’s important to consider the specific situation.
In any case, the future movement of BEAT from this price level warrants ongoing observation. Whether it can hold its current high, break through further, or pull back again—these are all aspects to watch closely in the coming days.