$BEAT's 4-hour golden death cross convergence is about to conclude. Although the price is weakening, there's quiet accumulation happening behind the scenes—a detail that's actually quite interesting.

Here's the issue—if the market doesn't turn bullish next, and instead breaks through the 0.54 support level, it's basically another tacit understanding pump-and-dump game. Once it breaks, the downside could be more than just 0.3; a 50% drop to 0.2 is entirely possible.

But there's a self-consistent logic here: if it crashes that hard, low-leverage longs won't explode, and it becomes increasingly difficult for shorts to take profits. When the long-side order book isn't cleaned up, even the whales may not dare continue dumping—after all, they need to pave the way for subsequent chip monetization.

Even if shorts are dominating, they won't escape without getting front-run. So looking ahead, the price action will likely evolve like this: the bounce strength will be limited but will definitely rebound, and during this rally, short positions will exit in batches.