I have been lying in ambush for this wave of BEAT market in my previous analysis, and now I am here to update. On the fundamental side, there are still two key nodes to go through — the sell-off on the 1st and the unlocking period of the major Lock-up Position. From the price perspective, the funding rate has adjusted to a normal level, corresponding to a short-term pullback correction. The good news is that even during this pullback phase, the 1.8 range is still a good enter a position point.

My strategy is to take profits and exit immediately once I reach this price level. There will definitely be fluctuations in the market later, but we need to clearly identify who is controlling the market. The key judgment indicator is the selling speed—if the main force wants to exit completely, it doesn’t take 10 minutes to drop from the top to the bottom. It’s not that fast now, which indicates that large funds have not withdrawn yet. In contrast, retail investors panic and sell when they see a bearish trend, which indeed shows a lack of composure.

Currently, the momentum for bullish and bearish trends has somewhat dulled. A glance at my previous post will help you understand the complete logic behind this wave. The opportunity is still here, but the time window won't be too long.