#MYX is a decentralized derivatives exchange that allows users to easily trade contracts for various tokens on the existing AMM market.
It aims to lower liquidity thresholds and eliminate trading barriers, making complex derivatives trading as simple as spot trading.
The recent surge is likely a preemptive hype by the project team ahead of the unlock of shorts on August 6th; currently, the contract funding rate is -2%, and the market cap is relatively low, meaning the project team has significant control.
Beginner's operation suggestion:
Look for positions to go long on pullbacks, or observe for a while, waiting for a reversal from the downtrend. The beginner immediately notified fans in the internal group to go short; currently, it is not worth going short as the funding rate is high!
In the crypto world, there is no fate; it's just that someone helps you break through that paper wall. Previously, he was so leveraged that his hands shook. Now, he follows my position model to roll orders, specifically profiting from rebounds after the main force's sell-off.
It's not that the market is harsh; it's that you are always heavily positioned in the wrong direction. Keep up with the beginner's rhythm! @区块初哥
