Looking at BEAT's recent market trend, from 3.09 down to just over 1.5, the decline already indicates the issue. Tomorrow's 2% token unlock is going to put pressure on the price. Do you really think the whales will pump and give away money to retail investors at this time? That's overthinking.
The technical picture is clear—there are no signs of a bullish reversal in the bearish pattern. This small rebound looks more like a continuation of the downtrend, not a reversal signal at all. Coupled with the unlocking selling pressure, the resistance tomorrow is clearly significant. Whether the 1.5 support can hold is questionable; if it breaks, sliding to 1.3 or even lower levels seen earlier is not surprising at all.
To be honest, those still betting on whales pumping the price now are no different from picking cherries in the fire. The risk of chasing longs is terrifyingly high; better to wait until the negative news is fully priced in and genuine signs of stabilization appear before considering an entry. Greed often comes at a price.
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CryptoSourGrape
· 5h ago
If you didn't get in at 3.09, you wouldn't have to feel so bad.
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0xDreamChaser
· 5h ago
This wave really, buying at over 3 and dropping to 1.5 is basically a breakdown. Still want to buy the dip? Unlocking tomorrow and dropping would be a nightmare.
If I were you, I’d say don’t chase anymore. The whales never intended to pump you; they’re just waiting to cut the leeks.
If 1.5 doesn’t hold, it will definitely slide to 1.3. The technical setup has long since written the ending.
Only fools go all-in at this time. Wait for the negative news to be digested before talking.
Wait, no, this is a trap within a trap. There’s still a reversal coming.
Now, those chasing longs are all gamblers.
I think it still needs to drop another 20% before buying.
Forget it, I’m too lazy to watch this coin anymore. Losing money happens in an instant.
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BoredRiceBall
· 6h ago
The house is giving away money? Wake up, buddy. What year is this dream from?
Looking at BEAT's recent market trend, from 3.09 down to just over 1.5, the decline already indicates the issue. Tomorrow's 2% token unlock is going to put pressure on the price. Do you really think the whales will pump and give away money to retail investors at this time? That's overthinking.
The technical picture is clear—there are no signs of a bullish reversal in the bearish pattern. This small rebound looks more like a continuation of the downtrend, not a reversal signal at all. Coupled with the unlocking selling pressure, the resistance tomorrow is clearly significant. Whether the 1.5 support can hold is questionable; if it breaks, sliding to 1.3 or even lower levels seen earlier is not surprising at all.
To be honest, those still betting on whales pumping the price now are no different from picking cherries in the fire. The risk of chasing longs is terrifyingly high; better to wait until the negative news is fully priced in and genuine signs of stabilization appear before considering an entry. Greed often comes at a price.