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Regarding the recent market trends of $BEAT, there is an interesting observation worth noting.
From the perspective of the big players, once the profit target is reached, the subsequent movement is basically left to market fluctuations. Both upward and downward movements are acceptable to major players, after all, there are new tokens unlocking every month. In this state, the price is more driven by market sentiment.
But there is a key contradiction here: the amount of spot holdings held by retail investors has already exceeded the comfort zone of the big players. As a result, whenever the market moves upward, the big players will dump and suppress the price. When retail investors can't bear the sell-off, the big players will absorb the chips; when no one is selling, they just wait. After all, 21 million new tokens unlock every month, so long-term price pressure is highly probable.
As for whether there are other variables at play, it’s still too early to tell. Let’s wait and see.