#MYX is about to rebound violently, causing a massive short squeeze! Retail investors should be more cautious!

The sharp decline of MYX is due to a triple negative impact from technical, on-chain, and ecological factors. All technical indicators are bad, quantitative funds are selling off; large institutions on-chain are transferring huge amounts of coins, leading to liquidity exhaustion; in the ecosystem, cross-border payment delays and capital outflow are causing a collapse of confidence.

There are numerous risks behind this sharp decline, with a lack of buying support during low volume drops, negative funding rates indicating a consistent bearish sentiment, and the weekly chart breaking down below with a space exceeding 20%.

However, MYX also has a chance for recovery. Short-term sentiment may recover, and under conditions of overselling and extreme funding rates, the probability of a violent rebound exceeds 60%, making it possible to take small risks in the short term. In the medium term, cooperation in the Middle East may lead to a valuation reconstruction if it materializes in Q3. In the long term, the rapid growth of the RWA track gives MYX a first-mover advantage.

Trading requires strategy: sell only above 1.10, buy more the lower it goes below 0.90, and keep an eye on on-chain transfers, cooperation announcements, and signals of BTC stabilizing.

MYX is like a compressed spring; 0.85 is a golden buying opportunity, and 1.10 is the exit point. Retail investors should avoid averaging down halfway up the mountain.

#杰克逊霍尔会议 #币安HODLer空投PLUME #加密市场回调

Zhuangyuan Ge will publicly layout strategies in the private group, when to enter, when to exit? How to catch strong coins? What to set for profit-taking? Zhuangyuan will inform fans in the private group at the first opportunity. Just follow my thinking and execute what I say, and you will definitely benefit!