Dear cryptocurrency friends, I’m back to share some valuable insights! Recently, the market for MYX has truly heated up, skyrocketing to a historic high of 4.45 without looking back! Over the past few days, the backend messages have been overwhelming, with questions flooding in: “Star Brother, has this wave really broken through, or is it just a false celebration?” “Can it continue to soar to 4.5, or even 5.0? Will it suddenly crash and trap people at the peak?” “I’m already in, should I hold or sell now?” “For those who haven’t entered yet, is it still a good time to chase?” Don’t worry, today I’ll clarify the situation of MYX from both the news and technical perspectives, so everyone can have a clear understanding!​

First, let's look at the technical aspects: a fierce battle is underway at key positions, both bulls and bears are seeing red!

Let's keep an eye on the market data: MYX is now in a sensitive position, 'dancing on the edge of a knife', the tug-of-war between bulls and bears is extremely intense! The support levels are clear, looking at 4.4500 and 0.9622, these two 'stabilizers' need to hold; but looking upwards, the pressures are layered and stacked, especially at the key points of 4.5083 and 4.5000, which are basically the 'fortresses' the bulls need to conquer, whether they can break through will directly determine the subsequent market direction!

Let's take a closer look at the 'main force orders': this set of data shows a negative委比 (-0.02%), which indicates that short-term selling pressure has a slight advantage, but looking at the order prices from 4.2950 to 4.2974, there are numerous orders, this isn't just hanging orders, it's clearly a 'battlefield' set up by both bulls and bears in this range, where every cent of fluctuation is fiercely contested! Moreover, in the latest transactions, large orders frequently appear around 4.2974, it’s evident that large funds are secretly testing to see if they can break through this key range!

Brother Xing gives a comprehensive judgment: if MYX can maintain volume and stabilize above 4.2974, and successfully break through the 'fortress' at 4.5083, then the next target will be very clear, aiming directly for the range of 4.8 to 5.0, and perhaps we can see a new high! Conversely, if it can't withstand the pressure and breaks below the 'warning line' at 4.2974, the situation could get dangerous, possibly quickly retracting down to 4.000, and we might have to see if the support at 3.500 can hold! Additionally, the MACD and RSI indicators have not shown divergence yet, but they have already entered the overbought zone, meaning the risk of a short-term correction is increasing, so everyone must stay vigilant!

Now let's talk about the news: MYX's sudden price surge, what is really behind it?

Although there is no official news released yet, based on the orders and large transactions on the market, there must be something going on! Brother Xing speculates that either there are big players or institutions secretly laying out their plans, quietly accumulating and driving the price up; or the project team might be about to release good news, and there has been a wave of 'pre-heating' to build momentum! So everyone must keep a close eye on the official channels, whether it's cooperation news, listings on major exchanges, or ecosystem updates, these could all be key signals affecting the market! Additionally, some friends asked what the data '28.0M' means, Brother Xing judged that it is likely the trading volume, if it can maintain this level of volume going forward, then the probability of MYX breaking through the key resistance level will be much higher!

The key question: can we still go long now? What should those who have already entered do?

Friends who haven't entered the market yet:

Heed Brother Xing's advice, don't blindly chase high prices! Especially around 4.50, don't rush in just because of a moment's excitement, it's easy to get 'stuck at the peak'! Let's wait a bit, either wait for MYX to pull back to the range of 4.000 to 4.200 and then build positions in batches, which would lower costs and reduce risks; or wait for it to firmly break through 4.5083 and stabilize before following in lightly, moving with the trend is much safer! And no matter how you enter, always set a stop-loss, below 3.800 is the bottom line, once it breaks, don't hesitate, get out quickly, preserving your capital is the most important!

Friends who already have positions:

If your position was entered at a low price, and now it's near 4.50, you might consider taking some profits to secure gains, keep the remaining base position to aim for a higher market; this way you can attack and defend! But if you see MYX breaking below the 4.290 dense order area, don’t harbor any false hopes, either reduce your position or directly set a stop-loss, don’t wait for the market to continue dropping, returning all your profits or even getting stuck! If you're a mid-term player who can withstand short-term fluctuations, you can widen your stop-loss a bit, placing it below 3.500, as long as it doesn't break this level, you can continue to hold on and endure with MYX!

Brother Xing's final summary:

This surge in MYX is definitely not coincidental, there must be funds driving it, but everyone must also be clear that it has already entered a high-risk zone in the short term, there are opportunities to make money, but the risks have also increased! Brother Xing emphasizes three points:

First, don't let FOMO emotions cloud your judgment, seeing others making money should not lead you to blindly follow, your money is your own, stay calm and judge wisely.

Second, never put all your funds into MYX, don't put all your eggs in one basket, diversifying risks is the way to go for the long term.

Third, whether going long or short, always strictly execute your stop-loss, this is the last line of defense to protect your capital!

In short, the current market for MYX, whether bullish or bearish, requires quick entry and exit at critical positions, don't get bogged down, preserving capital is essential for long-term involvement in the crypto space! Brother Xing will also share new updates or market changes as soon as they arise, so remember to keep an eye out!

Still the same old saying, feeling lost and helpless about when to enter the market? Follow Brother Xing, he will guide you through the market!@神级猎手星哥