Eric Trump said " Buy the Dips" but guess what The last tim | CRYPTO MECHANIC on Binance Square

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CRYPTO MECHANIC

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Eric Trump said " Buy the Dips"
but guess what
The last time he said this, $ETH  dumped 40%

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38.99M $MYX Tokens worth over $58M at current price will be unlocked tomorrow. Buying here right now holds very high risk knowing the fact that its up over 10x in just 3 days and new supply will enter the market tomorrow.

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$MYX did over 10x in just 3 days and it’s only listed on futures. Why does this happen? Why do some coins move so sharply? Such moves are mostly triggered by short liquidations. Since this coin is listed only on futures, it’s much easier to manipulate. On futures, people usually trade with high leverage. When a token starts going up, many traders begin to short it, thinking “It has gone up too much, now it will come down.” But by shorting, these traders actually add more fuel to the fire. Market makers keep pushing the price up. When too many shorts are open, it’s easier for market makers to push the price up because short liquidations have to be filled on the sell side order book and order books are usually thin, which creates buy pressure, causing the token to move sharply upward.

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Once $BTC Will reclaim this range. It will be over for the bears.

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89% probability of "Rate Cut" in September. Rate cuts are generally Bullish for the market..!

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$HBAR Holding above its key zone

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