MYX this wave might be a typical dead cat bounce — a 30% short-term increase looks good, but whether it can continue is uncertain. In my view, there is still room to fall, and there are expectations of a rebound above. However, for this type of coin to reach this point, it’s hard to maintain a strong bullish trend unilaterally; it often ends up burning both ends, making both bulls and bears vulnerable to being cut. Even considering liquidation intensity at this level, the risks faced by long and short positions are actually equal; neither side gains an advantage. $MYX $PIPPIN
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MYX this wave might be a typical dead cat bounce — a 30% short-term increase looks good, but whether it can continue is uncertain. In my view, there is still room to fall, and there are expectations of a rebound above. However, for this type of coin to reach this point, it’s hard to maintain a strong bullish trend unilaterally; it often ends up burning both ends, making both bulls and bears vulnerable to being cut. Even considering liquidation intensity at this level, the risks faced by long and short positions are actually equal; neither side gains an advantage. $MYX $PIPPIN