BEAT has only stopped falling after dropping from 4.5 to 2.0, and is now fluctuating around 2.4. It looks a bit scary, but upon closer inspection, the bottom signals are actually quite clear.

On the technical side, the 15-minute and 1-hour candlestick patterns are starting to turn, and the MACD is showing signs of a turn at low levels, indicating that the downward momentum is weakening. The key is that there are also changes happening on the capital side—contract open interest is continuously increasing, large traders' long positions are gradually rising, and the active buying volume at the support level around 2.0 is significantly enlarging. More interestingly, among the "smart money" traders going long, the profit ratio has already exceeded 55%, which suggests signs of capitulation at the bottom.

If you want to participate, the suggested approach is: take a light position to try going long, and strictly set your stop-loss below 2.2—if the support at 2.0 is truly broken effectively, it means the support has failed, and you should exit immediately without stubbornly holding on. For taking profits, first watch the previous minor resistance at 2.8; if it can be broken, consider extending the target to 3.0.

There are three core principles: small positions, quick pace, strict stop-loss. This wave is purely about betting on a rebound, not predicting whether the trend will reverse. You need to clearly understand what you are doing.