$BEAT has shown some signs worth paying attention to recently. The fee rate has finally dropped to 0.005, indicating that the previously stubborn long positions at high levels are starting to loosen, and traders no longer want to hold on stubbornly. Looking at the smart money holdings, the short positions are actually decreasing rapidly, which is an interesting signal.

Regarding the fundamentals, there are no significant negative news, and instead, the destruction mechanism continues to be implemented. Combining these factors, this wave of decline is most likely the market maker preparing to distribute at the bottom. The key point is that choosing this slow and steady distribution method suggests that this will not be a one-time event.

Therefore, my idea is to use small positions to gamble on a potential reversal. In simple terms, it's betting that the market maker won't directly harvest the remaining traders holding positions, betting that it will continue to collect liquidity from short positions, and betting that it won't give up the current trading enthusiasm. All of these are bets with no certainty.

But since I’ve decided to participate, I need to carefully study the stop-loss points. This trade is very likely to result in quick losses and exit, but I must adjust dynamically based on the actual trend and avoid stubbornly holding on. This is the lesson—ultimately, the current situation is caused by many people holding positions stubbornly, and individual stubbornness only harms oneself and others.