⚠️ MYX Futures Funding Rate Drops to -2.0 — What’s Next?
The MYX perpetual market just flipped hard:
📉 Funding Rate = -2.0
What this tells us:
• Shorts are now paying longs heavily to keep positions open
• Extreme negative funding often signals overcrowded shorting
• In many cases, such setups lead to short squeezes if price reverses
🔍 Translation: The market is heavily betting against MYX.
But when everyone leans one way, the snapback can be brutal.
👇 What do you think?
Will MYX crash further — or are we about to witness a massive short squeeze rally?
