$BEAT can try to short. This will be the rhythm of a short-term adjustment, with net outflows in the short cycle contracts from 5 minutes to 1 day —— short-term profit-taking has settled, and trading activity has weakened a bit. However, the contract open interest has increased by more than 35%, and the large account's long-short ratio is偏多, meaning that the main force has not run away, but instead is collecting the chips thrown by retail investors.
On the long-short ratio side, retail accounts are偏空, but large accounts are still holding chips, which is clearly a method of washing the盘. Additionally, in the liquidation data, short positions have been liquidated more than long positions, indicating that the previous short-selling pressure has been mostly released.
Looking at the 4-hour chart, the upward trend is actually intact; the current pullback is just an adjustment. As long as the adjustment does not break through the key support, once the funds stabilize, there is a high probability of moving upwards afterwards.
Those who want to go long don't need to panic about cutting losses, and don't rush to enter; wait for this wave of fluctuations to stabilize before considering, as getting the rhythm right is safer than chasing the rise.
