The shorting opportunity for $BEAT is quite solid; it's not just a simple technical signal, but multiple dimensions are pointing in the same direction.
First, let's look at the chips. The number of holding addresses is rapidly decreasing, what does this indicate? The main force of the early bullish trend is escaping in batches. This phenomenon is often a key signal before a trend reversal—when large holders are unwilling to hold onto their chips, and the market lacks strong buyers, the price naturally cannot hold.
Looking at the funding rate again. With a negative value that continues to deepen, shorts are constantly eating into the funding rate of longs. This "sideways eating rate" situation reveals the true reflection of market sentiment — a pattern dominated by shorts has formed, and longs must pay a bloody price to maintain their positions.
The technical aspect is even more straightforward. From the high point of 4.3760 downwards, the 15-minute and 1-hour moving averages are all in a bearish trend, and a short-term bearish structure has already been established. As long as the price stays below 4.2 without any effective rebound breakthrough, this downward momentum will continue to evolve.
Looking at it from three angles, the chip end, capital end, and technical end are all singing shorting; such a resonance is rare. The current shorting configuration is the most prudent choice from a logical perspective.
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GasFeeCrybaby
· 12-22 15:01
Large Investors are all running away, and the fees are still eating long positions. This is indeed a bit hard to hold on.
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PensionDestroyer
· 12-22 14:58
Have all the large investors run away? Is there anyone still buying? The short positions fees this time are too harsh, and it's meaningless for retail investors to hold onto their chips.
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faded_wojak.eth
· 12-22 14:52
Large Investors have all run away, but the fees are still benefiting long positions, which is indeed quite something.
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GamefiHarvester
· 12-22 14:49
Large Investors are all running away, this signal is really clear
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The fee rate is negatively deep, long positions are bleeding, short positions are enjoying themselves
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With chips, fee rates, and technical indicators all working together, this time it's not just a simple technical matter
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If it holds above 4.2, this downtrend really has to be continued
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Market makers are withdrawing in bulk, what reason is there not to short?
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There are not many resonance opportunities, this time it’s indeed solid
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Playing the sideways fee rate strategy is excellent, short positions are taking full advantage
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Since getting dumped from the high point, the moving averages haven't turned around, the short-term has already been shaped
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Large Investors fleeing + negative deep fee rate + technical downturn, three kills combined is a bit harsh
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There are no catch a falling knife parties, the price can't hold up, it's that simple
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DaoDeveloper
· 12-22 14:32
ngl the on-chain metrics here are where it gets spicy... holder concentration collapse + negative funding rates = *chef's kiss* for confluence signals
The shorting opportunity for $BEAT is quite solid; it's not just a simple technical signal, but multiple dimensions are pointing in the same direction.
First, let's look at the chips. The number of holding addresses is rapidly decreasing, what does this indicate? The main force of the early bullish trend is escaping in batches. This phenomenon is often a key signal before a trend reversal—when large holders are unwilling to hold onto their chips, and the market lacks strong buyers, the price naturally cannot hold.
Looking at the funding rate again. With a negative value that continues to deepen, shorts are constantly eating into the funding rate of longs. This "sideways eating rate" situation reveals the true reflection of market sentiment — a pattern dominated by shorts has formed, and longs must pay a bloody price to maintain their positions.
The technical aspect is even more straightforward. From the high point of 4.3760 downwards, the 15-minute and 1-hour moving averages are all in a bearish trend, and a short-term bearish structure has already been established. As long as the price stays below 4.2 without any effective rebound breakthrough, this downward momentum will continue to evolve.
Looking at it from three angles, the chip end, capital end, and technical end are all singing shorting; such a resonance is rare. The current shorting configuration is the most prudent choice from a logical perspective.