$BEAT Wow… I’m back from vacation and I see this! 😅

Luckily, the stop was triggered!

Unfortunately, these latest movements prove my previous comments right. Too bad for those who criticized me at the time because they didn’t like my opinion.

I’ll be very clear: to me, Beat’s problem is no longer whether the token can bounce. Of course it can bounce. The problem is whether these bounces actually change the underlying trend.

And for now, I don’t see that happening.

What bothers me most is the way some people are still thinking about this token.

1. The newcomers’ trap
The first trap concerns those discovering $BEAT today and telling themselves:
“It was at $11, and now it’s worth $0.08. It has already fallen so much that I must be close to the bottom.”

This is probably one of the most common mistakes in crypto.

A token that has lost 99% is not necessarily close to the bottom. It could very well lose another 90%.

The historical price of $11 provides absolutely no guarantee.

We need to stop thinking as if the token had a memory and had to return to its previous high.

The real question is not:

“How much was it worth before?”
The real question is:
“Why does the market no longer want to value it at that price today?”
Because between $11 and $0.08, this was not simply a minor correction.
The market sent an extremely brutal message.

And when an asset falls from a high of $11 to a few cents, the first rational reaction should not be “what a bargain!” but rather:

“What justifies such a destruction of value?”

That is the question many people do not ask themselves.

They only look at the chart and tell themselves that “it can’t go much lower.”

But it can.

An asset can fall much lower than what our brains consider reasonable.

2. The second trap: former holders
And here, I think the trap is even more insidious.
These are the people who already bought once, thinking they had found the bottom, and are now forced to keep buying again and again…

In the end, everyone obviously does whatever they want with their money.
I do not claim to know the future, and I am not saying that $BEAT will never again experience a sudden and artificially controlled pump, except that it only benefits the lucky ones who happen to buy a few hours beforehand.