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$BEAT Sudden Major Cleanup! Retail investors got chopped up, but the main players are secretly doing this?
In the crypto world, tears are not believed; only who has more money matters!
BEAT just surged to a high of $9.2, now pulling back to around $8.64. Although the overall trend is still upward, this position feels like standing on a mountain top, ready to fall at any moment.
Look at that “smart money” data, the combined losses of long and short traders exceed $9 million! What does this mean? It shows that both longs and shorts are trapped. Especially those short sellers, their costs are much higher than now, so they must be panicking.
Trading suggestion: Long positions: around 7.8-8.0. 9.5-10 range.
I think these shorts are just lambs waiting to be slaughtered; as long as the main force slightly pushes, they will be forced to liquidate and stop-loss, which will actually help push the price further up.
#美国5月CPI创三年新高 #预测世界杯墨西哥VS南非