BEAT's recent trend has attracted attention. From a capital perspective, the futures market has repeatedly shown signs of abnormal activity, which often indicates institutional-level position building. Unlike volatility driven by retail investor sentiment, this pulse-like capital activity usually has a clear directional bias.

On the technical side, the price has effectively broken through multiple moving averages. The current moving average arrangement is bullish, with an upward channel remaining steep, forming a relatively clear trend direction in the short term. In terms of cycle and momentum, the upward force is relatively prominent.

The pressure from short positions is also easing. According to 24-hour liquidation data, the amount of short positions liquidated is about twice that of long positions, indicating that losses on the short side are accelerating. When contrarian traders are forced to close their positions, it often further strengthens the existing trend.

Based on these three dimensions, the $3.30-$3.80 range becomes the next observation target in the short term. Of course, volatility in the crypto market always exists, and any trading decision should be based on risk management. Opportunities for entry during pullbacks are also worth noting—after a trend is established, adjustments often provide relatively reasonable entry points for subsequent participants.