$BEAT 8 hours of contract holding data has reached a new high, accompanied by prices also reaching new highs. The current price is at the upper band of the channel, having completed two channel escalations. Technically, a pullback of one channel's amplitude is required first.

The funding rate has been negative since the 6th, now reaching a new low of -0.31%. The main focus is still on short positions, with the belief that prices should drop like they did during the last surge, although I am also bearish. However, the risk point lies here, as a short squeeze may occur in the future.

This means a sharp decline after a short squeeze, be careful of following the path of $pippin .