$BEAT
The short-term trend shows a clear downward movement, the mid-term is biased towards a volatile correction, and the long-term requires attention to the resonance of the project's fundamentals and market sentiment. The specific trend analysis is as follows:
1. Short-term trend (6 hours - daily)
1. Price trend: The price plummeted from the 24h high of $3.4478 to the current $2.0176, a decline of over 40%. The 6-hour K-line shows a continuous series of large bearish candles breaking down, directly falling below the BOLL middle track of $2.21788, which is in a weak consolidation phase after a sharp decline.
2. Technical indicators
- KDJ: The J value of 36.55 continues to decline, with K and D values crossing each other. The correction after the short-term overbought condition has not yet been in place, and there is still downward momentum.
- MACD: The DIF crosses below the DEA forming a dead cross, the MACD histogram turns green, and bearish energy begins to be released, making it difficult to have a strong rebound in the short term.
- BOLL: The price has fallen below the middle track, with the lower track at $1.33376 serving as strong short-term support. If it breaks below this, it will open up a larger space for decline.
3. Trading data: The 24h trading volume is 481 million pieces, with a transaction value of 1.343 billion USDT. The increase in volume during the decline indicates strong selling pressure, and short-term bottom-fishing funds have not yet entered the market.
2. Mid-term trend (daily - weekly)
1. Trend basis: Previously, BEAT experienced a rapid rise, increasing from a low of $3.4478, driven by speculative trading; the current correction is a technical repair of the previous gains.
2. Key nodes: If the price can stabilize in the range of $2.0-$2.2 (BOLL middle track + previous consolidation platform), a mid-term oscillation bottom formation may occur; if it loses the $2.0 level, it will seek support in the range of $1.3-$1.5.
3. Market sentiment: The volatility of tokens in the GameFi + Web3 concept is inherently intense, compounded by the amplifying effect of contract leverage. The mid-term trend is easily influenced by market hot spots, project progress, and other factors, showcasing strong oscillation attributes.
