$BEAT Can it really go short now?
I have thoroughly understood the script of this currency BEAT. These past few days have been a back-and-forth wash, with both longs and shorts getting trapped!
Currently, the funding rate has reached -0.42, showing no signs of a pullback. The bears must control themselves at all costs!!!
From on-chain funding, it is clear that money is flowing out. At this price level, I do not recommend anyone to enter the market.
In terms of operation, it is still advisable to think of low longs and high shorts. Currently, the daily chart has formed a double top; if it can break through, then there is hope for a target above 3; if it cannot break through, it will definitely need to pull back.
I will find a suitable entry point to bring fans in. Comment 111 in the comment area if you want to join.
ICP SUI ADA



