Now the rate is normal at 0.005%, however AS SOON as it rises again to $1.9 or $2.15 it will be above 1%.
People are doing revenge trading.
cjgh
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Bullish
$MYX I'll give you a piece of advice, do not go short at this moment, the whales are waiting for you to go short by making you believe that the price will continue to drop, but when there is enough short liquidity, they will push the price up strongly to take the liquidity from above, reaching new all-time highs. The financing rate that shorts are paying every hour is crazy; they won't be able to hold on for much longer. This is a time bomb that will explode upwards in a few minutes or hours.
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee.See T&Cs.
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