Looking at the BEAT market this wave, after dropping from the all-time high of 4.5, the main funds have clearly started to cash out at high levels. You'll notice that each rebound appears weak and feeble; rather than a strong rally, it's more like successive price hikes to raise selling prices, continuously handing over chips to the new buyers.
Today, it rebounded by 60% from oversold levels, and now it has entered a sideways consolidation phase. This is a typical distribution rhythm.
There's an interesting phenomenon in the crypto world—whenever a coin shows signs of a pump, even the worst projects can attract buyers. Their mindset is: "Surely I won't be the last? Just pump and dump, no big deal." This mentality is very dangerous.
Coins like BEAT are, to put it bluntly, representatives of fleeting fame. Those who are truly making money have already taken profits and exited at the right positions. Anyone still holding onto illusions now is probably trapped.
The problem is, many people in the clone contracts can't gauge the right timing—they get trapped immediately after opening, and they can't pinpoint the entry points. At this time, it's even more important to stay clear-headed and not be fooled by short-term rebounds; the market's rules are right here.
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MEVHunterBearish
· 7h ago
It's the same old trick. The guys who bought in at high prices are still waiting for a miracle.
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AirdropCollector
· 12-26 13:45
It's the same old trick again, as soon as there's a rebound, someone rushes in. I really can't hold on anymore.
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NotSatoshi
· 12-26 13:39
Another wave of rookie harvesters, BEAT is textbook-level dumping.
This rebound is ridiculous, it can't be sustained at all, it's all the main players offloading.
Sure enough, it's those FOMO guys again, they rush in when bullish, only to regret when they're trapped.
Fallen from 4.5 to now, those who got out early are already counting their money.
I also lost due to timing, always just a little bit short, so frustrating.
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BearMarketBro
· 12-26 13:39
It's the same old trick of dumping, and the bagholders still really believe it.
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alpha_leaker
· 12-26 13:35
Here we go again, a 60% rebound makes people itchy, a classic trap to lure more buyers.
Looking at the BEAT market this wave, after dropping from the all-time high of 4.5, the main funds have clearly started to cash out at high levels. You'll notice that each rebound appears weak and feeble; rather than a strong rally, it's more like successive price hikes to raise selling prices, continuously handing over chips to the new buyers.
Today, it rebounded by 60% from oversold levels, and now it has entered a sideways consolidation phase. This is a typical distribution rhythm.
There's an interesting phenomenon in the crypto world—whenever a coin shows signs of a pump, even the worst projects can attract buyers. Their mindset is: "Surely I won't be the last? Just pump and dump, no big deal." This mentality is very dangerous.
Coins like BEAT are, to put it bluntly, representatives of fleeting fame. Those who are truly making money have already taken profits and exited at the right positions. Anyone still holding onto illusions now is probably trapped.
The problem is, many people in the clone contracts can't gauge the right timing—they get trapped immediately after opening, and they can't pinpoint the entry points. At this time, it's even more important to stay clear-headed and not be fooled by short-term rebounds; the market's rules are right here.