$BEAT drops 56% with 290 million in trading value; long positions increase by 4.3% over six hours — catch-the-dip traders are jumping in, and sell orders are still being pushed down; both sides are vying for the initiative in the second round.
The fee rate hasn’t tightened yet, so those long traders rushing to enter positions may collide with the next round of liquidations. At this stage, wait for sell pressure to ease—not for a rebound confirmation.
#MarketUpdate
The fee rate hasn’t tightened yet, so those long traders rushing to enter positions may collide with the next round of liquidations. At this stage, wait for sell pressure to ease—not for a rebound confirmation.
#MarketUpdate