A couple of days ago, a trader asked me if it was still necessary to hold $BEAT since his Holdings were trapped.

I took a look at the current data, and the funding rate is at -1.3, which is an interesting signal. Historically, similar trends have occurred multiple times—when the main force is consolidating at a high level, absorbing short positions while earning funding costs through negative rates, and then suddenly making a strong upward push. This cycle will repeat until the funding rate completely reverses to a positive value, at which point it may face selling pressure.

From the current position, the rates are still in the negative zone, and the sideways phase has just begun to wear down the patience of the shorts. So instead of panicking, it's better to understand this logic - now is indeed not the most dangerous time; the real risk comes at the moment of rate reversal.

If you are also observing similar trends, feel free to join the discussion in the community. The market is always repeating the same game; as long as you understand the rules, you can avoid many detours.