MYX: A carefully designed carnival for retail investors Surge Carnival: At the beginning of September, the price of MYX rose from $0.95 to a high of $18.6, increasing over 300 times from the lowest point, causing a frenzy among retail investors. Transaction Volume Mystery: Normally, such an extreme surge should result in a high transaction volume, but the strange thing about MYX is that the transaction volume is very low, even far less than during the previous consolidation period, yet the transaction amount is surprisingly large, reaching up to $7 billion at one point. This leads to the conclusion that during the surge, the actual number of participants is extremely small, only a few major players frequently trading against each other, achieving strong control of the market, ultimately resulting in low transaction volume but high transaction amount, in other words, no one is putting in large funds to play. Being both the referee and the athlete: According to reports from news bubblemap, the founder of MYX is suspected of being involved with a batch of $190 million airdrops, which violates the philosophy of MYX as a decentralized DEX. Is decentralization being manipulated by someone? Liquidity Trap: On-chain, MYX's liquidity is only $13 million, insufficient to support the current market value, exchanging BNB requires at least a 40% loss. Existing Scandal: MYX has previously had scandals involving harvesting, using BMYX inscriptions for harvesting, with the compensation plan offered by the founder being 15% USDT + 85% MYX tokens. This price increase may also be linked to completing compensation with the currently highly valued MYX tokens. Conclusion: The carnival of MYX is destined to be short-lived. Retail investors mistakenly think they are clever, wanting to leverage FOMO to go long, but little do they know the scythe has already quietly fallen…#MYX $MYX
The car of $ETH eth is too heavy, those who want to go long can wait a bit longer, no need to rush in, it is highly likely that it will still need to be washed.
$MYX myx Don't be fooled by the drop; don't rush to short it. My intuition tells me it won't end this quickly. When there is a good opportunity, I will notify you in the square.
How long will #ETH突破4000 eth take to pull? I think we shouldn't make a decision. In the past, it was the Air Force, in the future it will be by KOL, or by short-selling whales. They decide how long they want to hold on, and they will pull for as long as it takes until complete liquidation $ETH
Let's see how tonight goes. If the price is stable, we can try to buy a little at the bottom and sell it around Thursday. There will probably be a pullback on Friday.