吊死在一棵樹上

#MYX has been highly discussed these past few days, and some people ask me why the buzz is so high, yet I didn't immediately place an order. Actually, I noticed early this morning that the funding rate has already declined, and the price has dropped to around 0.82. After observing the MACD, I judged that there would at least be a rebound, with a target of about 1.5 nearby.

So I chose to place a short position around 10 AM, setting the price at (1.5 × 96%) which is about 1.44, and successfully completed the transaction close to noon.

As I write this article, the price has already shown a tug-of-war between bulls and bears, currently hovering around 1.5. I plan to observe for a day to see the market's next trend.

As for the funding rate, I'm not too worried:

1. The rate has already pulled back.
2. I haven't used leverage, so I can control it.

In my view, #MYX has now entered the public's sight, and it's becoming difficult for the market makers to act secretly. Coupled with the chips released after the lifting of restrictions, a significant rise is hard to achieve.

The first batch of #TREE listed on Binance was originally bullish, but the upper limit also distributed airdrops to retail investors, causing the initial price of $1.1 to drop all the way to $0.46, only $0.1 away from the pre-listing price of $0.36. If you didn't have the chance to get in earlier, you might want to pay attention to this coin #TREE at the $0.4 level. The $0.4 price is the final round of financing for institutions, and most importantly, the team and institutions will only unlock after 6 months, so the prices are relatively close, just waiting for the selling pressure to pass.

In summary, this time the #tree is one of the few top-tier projects. As long as it doesn't encounter a bear market, it will grow into a towering tree under the nurturing of a bull market.

#Treehouse #Treehouseoffice $TREE