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BEAT crashes back to pre-liberation overnight! Dropped from 10.5 to 8.7, the bulls are being collectively executed $BEAT
Main point: Go short directly around 9.0, target 8.5→8.0; conservative traders wait for a break below 8.0 before chasing. Right now, bottom fishing is just giving away money, the below is full of bull graves.
Technical analysis is “dead”
1-hour chart is flat, price is crawling along at 8.7.
Bollinger Bands are closing in, running below the middle band—typical downtrend continuation.
MACD has a bearish crossover below zero, DIF is only 0.36, bulls are completely extinguished.
RSI 39? Weak “oversold” is just a trap for more buying, buying volume can’t hold.
One sentence: The market makers are laughing, retail investors are still waiting for the “bull turnaround.”
Liquidation map: 7.5–8.5 is full of bull liquidations
Currently at 8.67, looking down—
7.5–8.5 area is densely packed with bull liquidations, almost no shorts.
A further step down could trigger a chain reaction of long liquidations and a crash.
Smart money has already run: bulls’ profits evaporated by nearly ten million, profit takers are rushing to exit.
Still hoping for a rebound? The market makers are already counting their money.
Brother Wan’s trading strategy
Aggressive: small short positions around 9.0, target 8.5→8.0
Conservative: wait for a break below 8.0 before chasing shorts
Oversold does not equal rebound, sideways movement does not equal bottoming. Whoever buys, stands guard.
#美PPI创两年半新高 #美国5月CPI创三年新高