Small coins like BEAT have indeed been struggling recently. Looking at the recent Candlestick trends, the pressure is evident, and the Rebound is weak. Many people are still fantasizing about a turnaround, but considering the fundamentals and market heat, this cycle probably won't last much longer.
The risk of small coins lies here—without sufficient liquidity support, once the hype dissipates, the downward speed can be very fast. Instead of waiting to see how low it can go, it's better to avoid the risk early. Of course, I remind everyone that every coin has its cycle, and doing a good job in cutting losses is much more reliable than waiting for a miracle.
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rugdoc.eth
· 12-23 20:00
You should have run away long ago, and you're still catching falling knives there.
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EarthBuffett
· 12-22 04:54
The more this is the case, the more aggressively the market maker pumps, specifically to trigger short positions.
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ProbablyNothing
· 12-22 04:29
It ran away long ago; this kind of low-interest coin has no prospects at all.
Small coins like BEAT have indeed been struggling recently. Looking at the recent Candlestick trends, the pressure is evident, and the Rebound is weak. Many people are still fantasizing about a turnaround, but considering the fundamentals and market heat, this cycle probably won't last much longer.
The risk of small coins lies here—without sufficient liquidity support, once the hype dissipates, the downward speed can be very fast. Instead of waiting to see how low it can go, it's better to avoid the risk early. Of course, I remind everyone that every coin has its cycle, and doing a good job in cutting losses is much more reliable than waiting for a miracle.