7.7 hours ago, the $BEAT that was watched closely was realized: after T0, the price rose another 23.58%.


The main side is very strong.
At launch, the price was 3.6376, now it’s 4.4954.
The 24H increase went from 62.55% to 77.66%, a rise of another 15.11 percentage points.
This isn’t just a local hype, it’s continuing to expand the space at a high level; seasoned traders seeing this script will get excited, but they’ll also touch the back of their heads first.
The B side is also not easy.
Open interest (OI) increased from $51.7M to $66.1M, adding another 27.89% after T0.
The 24H change in OI is now +58.8%, indicating positions are still being pushed in.
But the 1H OI is -2.0%, which hints at something—short-term, it’s not just blindly adding positions; some traders are starting to let go at high levels.
What the market is really watching is the contrast between funding rates and active trades.
Funding rates rose from +0.0729% to +0.1359%, still eight consecutive periods of long-paying.
This indicates that long positions are becoming more costly, and the heat is being realized clearly.
But the Taker rate dropped from 1.12 to 0.95, meaning the advantage of active buying has diminished.
While the price continues to surge on one side, active trades are no longer predominantly long; this contrast is the most eye-catching part of the market.
The long-short structure is also quite interesting.
The overall account long-short ratio is 0.49, with only 33% retail traders being long.
The top-tier account long-short ratio dropped from 1.48 to 1.21, still leaning long but not as exaggerated as at the launch.
So, this round of market review can only say: the realization is real, and the crowding is real.
#BEAT Trend
Generated using the Claude Opus 4.8 model. Claude is AI and can make mistakes. Please double-check responses.
BEAT56.27%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned