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Kill switch moment! Shorts are being "targeted and eliminated," is the BEAT rebound just beginning?
Brother Wan's view: BEAT has bottomed around $2.00, with 69% smart money leaning bullish, large short positions clearing at 2.50-2.60, short-term target at 2.80.
Smart money dominates, shorts are in a dead end
Long positions worth $5.10M, average entry price $2.24, unrealized profit of $548k; short positions worth $7.38M, entry price $2.18, unrealized loss up to $979k. Longs have a profit rate of 74.91%, shorts only 23.35% — the trend is clear.
2.50 is the "death trap" for shorts
The liquidation chart shows a large accumulation of short positions in the 2.50-2.60 range. Once broken through, a chain reaction of short liquidations will trigger a rapid surge. Current funding rate is 0.005%, with no overheating risk, conditions are ripe.
AI + deflation narrative, but July unlock is a hidden risk
Relying on the "Audition" IP + AI music, the project team continues buybacks and burns. But on July 1, 21.25 million tokens (about 48.24 million) will unlock — with the main players likely to sell off before unlocking.
Operational suggestions
Aggressive: buy at current price, target 2.80-3.00
Conservative: buy on pullback to 2.20-2.13, target 2.60
Basis: smart money direction + over 30% increase in 24h + solid bottom formation $BEAT + AI hype still ongoing.