The crypto world is like a martial arts world, where rises and falls are all part of the storm—Is this violent surge of MYX the horn of a bull market, or the main force's 'please enter the urn'?

Why is it soaring so fiercely?

The main force is up to something: Trading volume suddenly surged (0.52M), MACD golden cross widened, indicating that large funds are entering to sweep the market, resembling the tactics used last year by some small coins (like SSV) targeted by speculators.

Technical breakthrough: The price has surged past the upper Bollinger Band (0.2641), and the RSI has reached around 70, indicating that market sentiment is already 'high', and retail investors are starting to FOMO (fear of missing out).

Do you remember the PEPE surge last month? It also saw the RSI go into overbought territory before a hard drop of 20%, followed by a large bearish candle that smashed back to the starting point—MYX's script seems a bit similar now.

Have we reached the top? Look for three signals:

Is the volume shrinking: If the price rises but the trading volume decreases, it indicates a 'false breakout', and the main force may be secretly unloading.

Is the RSI dulling: The RSI is currently close to 70; if it can't stabilize for three consecutive days, a pullback is very likely (refer to BTC's trend after hitting 70,000 in April).

Key price level: 0.2600 is the psychological defense line; if it breaks, panic selling may occur; conversely, if it stabilizes at 0.2641, it may surge to 0.2800.

Has the main force run away?

Cunning signs: Although the price fell from a high of 0.2697 to 0.2612, the decline is less than 3%, more like a washout. When the real exit occurs, you will see a 'guillotine' (for example, a single-day drop of 10%+ with massive volume).

Personal opinion: It feels like 'pulling while withdrawing'; the main force may be using MYX to test market heat while attracting takers.

Impact on the market:

Altcoin barometer: If MYX can stabilize, other small coins may follow suit; if it crashes, funds will flow back to BTC/ETH for safety.

Emotional contagion: Recently, it has become popular in the crypto world to say 'a pump is justice', but violent rises and falls will increase regulatory scrutiny (such as Hong Kong recently investigating exchanges), which is ultimately unfavorable in the long run.

Remember: In a bull market, making money relies on courage, while in a bear market, survival relies on intelligence! In this wave of MYX, are you choosing to 'eat meat' or 'catch the knife'?#MYX

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