🔥🔥$MYX Funding rate has once again hit -2%, clear signs of market manipulation!
Currently, the MYX funding rate has been negative for several consecutive days, and has once again fallen back to the -2% range, indicating extremely strong bearish sentiment in the market.
At the same time, the project has a highly concentrated distribution of chips, with very little circulation, meaning a strong ability to manipulate the market.
Looking at the market depth and price structure, MYX is playing out a typical "manipulator control + mutual destruction of bulls and bears" scenario.
Short sellers keep increasing their positions, which instead becomes the "fuel" for the main players.
With a low market cap, the funds needed for a price increase are limited, making it easy to amplify gains.
Many short sellers = a concentrated area of chips, and once a liquidation occurs, it can trigger a rapid sell-off.
Currently, MYX still has upward potential, and the probability of further increases is very high. High short interest + low circulating market cap + project-side control = a long opportunity that cannot be ignored.
However, Hao Ge still advises brothers to take profits once they double their investment, as this coin is notorious for its volatility. Once it crashes, it can lead to a waterfall decline, and you don’t want to lose a bird in the hand while trying to catch another.
