Guys, look at BEAT over there! It's truly an unexpected "turnaround." At the beginning of December, it was still struggling around 1.5 dollars, and the funding rate kept flashing red, signaling a pessimistic market sentiment.
And then suddenly, on December 14, BEAT shot up like a rocket, soaring over 4 dollars! Who wouldn't think "to the moon" by now! In the following days, it managed to hold its price a bit, and everyone was quite excited.
Who would have thought, life is not as dreamy. On December 22, BEAT made a horrifying crash, the price plummeted straight from somewhere near 4 dollars to almost... near 0 dollars! It was truly a "disappearance" without a moment to yawn! The funding rate also dropped sharply.
The bright red candle that day must have made many traders at the peak "cry" waiting for Christmas. This market is really harsh, just the other day it was a rocket, and the next day it turned into a dud. Those who missed the boat are lucky, but anyone holding BEAT during this time surely doesn't have a strong mindset. Just learn from experience, it's not always about going up!
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