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#以太坊行情技术解读 $BEAT has been steadily rising since its bottom, and after a round of selling last night, it was expected to consolidate and gather strength. Instead, it directly formed a deep V-shaped rebound, leaving no chance for the bears to catch their breath.
Looking at the funding rate, it has already fallen to around -0.%, with settlements every hour, but the market simply won't go down. This indicates that the main chips are still held by the project team, and the bears can only serve as fuel for the rally.
On-chain funds continue to flow in net, with no signs of major capital fleeing. Large investors had already completed distribution at the high levels in the previous wave. This rally is likely targeting the 0.3 mark. Before a true downtrend is established, shorting easily can lead to being trapped. It might be better to wait for the right timing and follow the main force's rhythm to short, gaining a larger advantage.