Want to know when Myx will short? Just review Banana 31.
Banana 31 roughly pushed up for a week and harvested for 2 days before it ended.
Today marks the fourth day of an increase for Myx, with funding rates below 2% for the first time.
For those who went long before, they need to clear their Myx positions to continue pushing up.
Look at how long the upper shadow of Banana is; at that time it was almost in the top 100 by market cap.
Now Myx is still at market cap 160, with room to move up.
Yesterday's funding rate was too high, so I didn’t jump in; today I’ll see if it can reach 2.5.