$MYX The upward momentum of this type of demon coin has significantly weakened recently. Friends who chose to short during the rapid rise phase are no longer active at all 😂
MYX has rallied more than ten times from the bottom, but its recent trend has weakened. On-chain data also shows that major funds are beginning to withdraw, with a price correction exceeding 50%.
After all, it's not a mainstream altcoin, so it's highly likely to return to the issuance price in the end. No matter how the project parties try to pump it, they can't escape the outcome of unloading later. The enthusiasm for single coins A7-A8 has basically faded, and there is no need to chase the terminal market anymore.
The next approach should focus on shorting during rebounds rather than blindly chasing the rise. The more intense the previous rise, the greater the possibility of a fall afterward; it's just a matter of time 🔥🔥