Looking at BEAT's recent market, the pattern is actually very obvious. During the day, it surged to the 0.46 level and made a superficial rebound, attracting a bunch of people to buy the dip at the 0.5 level. But if you look closely, now it’s already struggling to rebound to 0.49, which is a classic long trap.

On the surface, it seems like 0.5 shouldn’t have any problem rebounding, but in reality? It will never truly return to 0.5, instead it keeps declining steadily, giving you false hope. Just when you think it’s about to reverse, it suddenly plunges to 0.4, then consolidates sideways. And then? It continues downward, and 0.3 will eventually be reached.

Looking at the recent K-line charts, it’s clear that this trading pattern is cycling repeatedly. Currently, the outlook remains bearish, and I personally recommend not to bottom fish; it’s better to stay on the sidelines.