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$BEAT Deceleration surge, heat turns over
30 minutes ago, the top was still DOGS
Now BEAT +37% reaches the top
Indicating funds are chasing new narratives
OI 24h +38.9%
Added another 4.4% in 1 hour
Fee rate rises to 0.0377%, making longs more expensive
Longs account for 56%
Top-tier accounts have a long-short ratio of 2.0
If the price doesn't break 0.9643 on the surge, OI will turn downward
Will this wave first shake out the longs?