$BEAT The trading volume of this air coin is basically fake, with little real buying interest. The market value has reached 2.3 billion USD, but the underlying funds are only 2 million USD! The daily spot transaction volume is 13 million, with almost half bought and half sold, completely matched trades.

If no one goes to the contract market to short, and the project party cannot find funds to support the long positions they built at low levels, it should have collapsed by now, yet it has managed to hold on for so long.

Bitcoin is currently in a bear market cycle, with declines being the main theme; any rebound is a good opportunity to short. Currently, the weekly chart has shown a bearish pattern known as "three candlesticks on top", suggesting that shorting at high levels is the main strategy.