BEAT's recent market trend indeed has some highlights. Since falling from a high level, the important support levels previously marked—those two ranges of 2.1-2.4 and 2.8-3—have all been broken through unilaterally, followed by a sharp decline. This dumping rhythm is completely textbook.



Reaching this stage of the market is the easiest test of character. Many traders take initial profits and become complacent, instead adding positions to lower their average cost, only to be hit with a reverse move that directly triggers stop-losses. This situation is indeed quite regrettable. Some short positions are taken off around 2, but others stubbornly hold until 3.8 before being liquidated—this is the true cost of greed.

From a technical perspective, if the price drops to the 1-0.5 range later, the complete logical chain of this wave of market movement will be realized. Ultimately, trading is a self-cultivation process through repeated choices; every decision tests your control over rationality and desire.
BEAT-29,62%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
BottomMisservip
· 3h ago
Oh my, another unfortunate victim holding on until liquidation. Greed kills people. This wave was indeed a textbook-level dump, not a single support level held. Should have sold at 2, instead of waiting for 3.8. Serves you right. What can I say, it's a test of human nature. Every time, a crash. Rationality? That thing is worth a few coins in the crypto world. Honestly, watching others get liquidated is even more satisfying than making money oneself. That's why I call myself the President of the Failed Bottom-Fishing Society—lessons learned the hard way. If it really drops to 0.5, those who already exited would regret it to death. Greed, you see, is what harvesters love the most. Next time, I will definitely cut losses; the time after that, I definitely won't.
View OriginalReply0
Degentlemanvip
· 3h ago
Greed really is the biggest killer in trading, isn't it? If it's only 2 dollars, shouldn't you run? --- The wave of liquidation at 3.8 was really painful to watch. Why did everyone insist on holding? --- A textbook-level pace of market dumping. Now I understand what it means to follow the routine. --- If it really drops to 0.5, I should consider whether to buy the dip or keep shrinking my position. This psychological battle is fierce. --- Every time it's a tug-of-war between rationality and desire. Honestly, who can really win? --- Setting a stop-loss line sounds simple, but actually implementing it is deadly. Trading is really more about psychology than technique. --- Looking at this wave of BEAT, it's clear who is a true trader and who is just gambling.
View OriginalReply0
SmartContractRebelvip
· 3h ago
See through but don't say anything. Those people are just greedily swallowing an elephant, deservedly so. Wait, can 0.5 really be reached? Feels not that impossible. The character test is really intense; running away with just 2 blocks really wins. The dumping rhythm is textbook, feels like it was designed. It's both self-cultivation and rationality versus desire, I'm already tired of hearing it. The key question is whether someone can really withstand it, or are they all just post-hoc armchair strategists?
View OriginalReply0
FarmHoppervip
· 3h ago
Greed kills people. Seeing my buddy get liquidated at 3.8 really makes me feel bad for him. --- A textbook-level dump, support levels breaking one after another. This is the lesson BEAT has given us. --- Can 0.5 really hold? I want to buy the dip, but I'm afraid of being reversed and taught a lesson again. --- This wave of market movement has tightly grasped human nature. People want to make more profit after earning, but end up getting punished in the opposite direction. --- The key is to suppress desire, but who can really do it? --- If it’s 2 bucks, you should have run. Instead, you held on until liquidation. That’s the price of trading discipline. --- Breaking support levels from a high position all the way down. The logical chain is so clear. Is the bottom really waiting for us? --- The test of character is quite harsh. How many people have fallen for greed?
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)