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rainiee
The short thesis is simple:
$BEAT — if rewards decline and user activity drops, that’s a clear sign that incentives were driving demand. I’m watching for lower highs and a loss of key support before entering a short. A failed rebound would be the cleaner setup.
$BICO — partnerships alone don’t justify the valuation. If on-chain usage, transaction volume, fees, and token demand fail to accelerate, every hype-driven bounce becomes a potential short opportunity.
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