I have been pondering the market trend of the BEAT token recently, and I can't quite understand one phenomenon. Looking at the smart money's position allocation, the scale of short positions is clearly several times larger than the long positions. Logically, there should have been a rally by now. But the reality is that there has been no movement for a long time—thinking about the answer, it's actually quite simple.

The truth might be this: the big players are also caught in a dilemma. With so many short positions in hand, if they suddenly push the price up, they could easily blow up their short positions. So the current situation is—those who are long are worried that this isn't the bottom yet and need to hold on; those who are short are waiting for a rebound to take action.

For longs already in floating loss, the only way is to patiently hold and see if there's a chance to recover. Shorts wanting to enter can wait for a pullback to build positions gradually, with wider stop-loss settings to capture the rebound spread. But honestly, such operations definitely carry risks, so it's important to act within your means.