$BEAT continues to go long! Look at BEAT, after a sharp drop within 1 day, it rebounded near 2.4. The previous upward trend on the weekly chart has not been broken, just a short-term correction.

The long-short ratio is biased towards long positions for both ordinary and large accounts, and the consensus among bulls in the market is still present; recent data shows that short positions have been liquidated more than long positions, and the selling pressure from bears has been partially released.

On the funding side, there is a small outflow in the short cycle (5 minutes), but there is a net inflow in 15 minutes, 30 minutes, and 12 hours, indicating that medium-term funds have not withdrawn.

Now is the recovery phase after the sharp drop, and a short-term rebound trend can be observed. The medium-term trend is not damaged; as long as the funding continues to increase, the rebound momentum can be sustained.

BEATUSDT

Perp

2.6229

+36.06%