$MYX has surged, it has surged for about a week, and has increased by 200-300 points. Some friends are asking me how to operate!!!

Let me briefly explain the situation to everyone. MYX is an on-chain derivatives platform with MYX tokens, with a market value of approximately 500-700 million. It was launched in April and has been oscillating within a range for about 3-4 months.

The strong surge behind this wave hides a secret:

On August 6th, there will be an airdrop unlocking (expected to have strong selling pressure). Currently, the contract funding fee is -2% for low market cap highly controlled coins. The vast majority of people are bearish, and the more bearish everyone is, the more it rises. After this surge, I personally feel it is also to offload some assets before the airdrop unlocks, which can help wash out the short positions in the contracts.

The current position is very unstable, so it's better not to short. Those who want to enter can consider going long on a pullback, while those looking to short can wait for the next trend to develop before shorting. The funding rate is high enough to drain you, so please be cautious! #加密市场反弹 #币安HODLer空投TOWNS #SOL空投