BEAT this wave is quite interesting, and in the short term, I still lean towards shorting. The key is to understand the unlocking schedule afterward—starting from January 1st next year, 2.12% of the supply will be released into the market each month, with the first release around 2%. This selling pressure expectation is enough to make market sentiment cautious.
Additionally, although the staking function went live recently (December 27th), the website is still a bit unstable, which gives the market a reason to watch and worsens the high volatility situation. From a technical perspective, it's even more straightforward—4-hour RSI soared to 89.45, clearly in overbought territory, which is a signal to short.
For specific operations, a small position entry would be more prudent. Place your stop-loss at around 2.950 USDT to give yourself an exit insurance. Take profit in two stages: first see if 2.550 USDT can hold, and if there's a chance, continue holding with a target further down at 2.380 USDT.
Honestly, trading discipline is especially critical in this kind of market—strictly follow your plan and don't be fooled by short-term fluctuations. Of course, remember that crypto derivatives are highly leveraged and volatile, so decisions should be based on your risk tolerance, and avoid overtrading.
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CodeAuditQueen
· 5h ago
Staking feature is live but the website is unstable. Isn't this just like launching before the smart contract has been fully audited... RSI 89.45. It should have been dumped long ago, but I'm worried someone will leverage and go all-in.
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OvertimeSquid
· 5h ago
Unlocking the rhythm really depends on good timing, the selling pressure in January was intense
RSI has already soared to 89, still daring to chase longs, truly brave
I agree with the idea of light short positions, don't be greedy
Website instability is also a trap, easy to slip
The target of 2.380 is a bit far, let's first hold at 2.550
Staking is now live, but we need to wait and see if it's stable before increasing positions
A monthly release rate of 2.12% is truly a ticking time bomb
With such overbought technicals, the rebound space is also limited
Setting a stop-loss at 2.950 is pretty good, at least leaving yourself a way out
But given the market's weirdness, it's better to be cautious, don’t think about going all-in every day
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CantAffordPancake
· 6h ago
You really need to keep a close eye on the rhythm of unlocking, or it will be uncomfortable if you're smashed.
The website is still lagging, how can you trade like this? LOL
RSI has already soared to 89, yet you're still going long. No wonder you're trapped.
Entering with a small position is no problem, as long as you can stick to the discipline.
Clearly setting stop-loss and take-profit levels means you've already won half the battle.
This wave is indeed easy to be fooled by short-term fluctuations; you must be ruthless in executing the plan.
Leverage is really something you need to understand clearly—know how much you can afford to lose.
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VitaliksTwin
· 6h ago
Unlocking pressure definitely needs attention, but blaming website instability is a bit of a stretch. We have to find a way.
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RSI is almost 90 and you're still willing to buy in? Isn't that asking for trouble?
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I agree with a small position shorting, but is the target of 2.380 too greedy?
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The key still depends on whether the wave of unlocking in January will cause a dump or not; otherwise, it's all talk.
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Staking going live without much enthusiasm, this signal doesn't seem right.
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I think a stop-loss at 2.950 is too loose, easy to be shaken out.
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You're right, I'm just worried that the plan won't be executed, and a sudden fluctuation might scare you into selling.
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ruggedSoBadLMAO
· 6h ago
BEAT is back to cut leeks again, the unlocking rhythm is so intense I really can't hold on
RSI is already at 89 and still not running, next month a 2% selling pressure will crush down and you'll have to cry
The website is still lagging, what's the point of staking... This wave of bears is fragrant
Trade lightly, don't go all-in, really can't afford to lose
The unlocking wave is coming, better get prepared, or you'll really get caught
Overbought means shorting, that's common sense, okay? Projects like BEAT have always been like this
Website instability + unlocking expectations, a double kill situation is coming
A stop-loss at 2.950 is really quite lenient, judging by the trend, it needs to drop further, 2.380 is the bottom
BEAT this wave is quite interesting, and in the short term, I still lean towards shorting. The key is to understand the unlocking schedule afterward—starting from January 1st next year, 2.12% of the supply will be released into the market each month, with the first release around 2%. This selling pressure expectation is enough to make market sentiment cautious.
Additionally, although the staking function went live recently (December 27th), the website is still a bit unstable, which gives the market a reason to watch and worsens the high volatility situation. From a technical perspective, it's even more straightforward—4-hour RSI soared to 89.45, clearly in overbought territory, which is a signal to short.
For specific operations, a small position entry would be more prudent. Place your stop-loss at around 2.950 USDT to give yourself an exit insurance. Take profit in two stages: first see if 2.550 USDT can hold, and if there's a chance, continue holding with a target further down at 2.380 USDT.
Honestly, trading discipline is especially critical in this kind of market—strictly follow your plan and don't be fooled by short-term fluctuations. Of course, remember that crypto derivatives are highly leveraged and volatile, so decisions should be based on your risk tolerance, and avoid overtrading.