In the crypto world, one day is like a year in the human world! The recent trend of MYX is like riding a rocket straight to the sky, but don't rush to chase it—this barrier of $14 might be hiding the big plans of the main forces!"

Market Analysis

Brothers, MYX's 1-hour K-line is like a pressure cooker, both the bulls and bears are about to go crazy!

Key Point 1: $14 is the line of life and death

Recently, the green K-line has been like small fists pounding the chest, and it has tried to break through $14 three times without success, indicating that the bears have heavily fortified this position. However, there is support at $13.5, like a compressed spring, a rebound could come at any time.

Key Point 2: The liquidation data is too bizarre

In one hour, long positions liquidated $94,200, while short positions only $33,400, does it seem like the bears have the upper hand? But the 24-hour data has flipped directly—short positions liquidated $6.96 million, double that of long positions! What does this indicate? The main forces might be playing a game of "short-term pressure, long-term liquidation," using fluctuations to take away all the chips from leveraged traders!

Key Point 3: Large funds are quietly adjusting their positions

The 24-hour trading volume is $2.25 billion, with an absurd turnover rate! Combined with a market cap exceeding $2.78 billion and a counter-trend increase of 10% in open interest, it is highly likely that institutional market makers or new derivative agreements are coming online.

Long Ge's Stormy View

Don't be stubborn in the short term: chasing high before breaking through $14 with volume is just asking for trouble! If it really wants to rise, it must see the 1-hour K-line stabilizing at $14.2, otherwise it could plunge back to $13.5 at any time.

Long-term potential: The circulating supply is only 197 million, equivalent to 1/14 of the total chips still locked up. If the ecosystem is realized in the future, reaching $18-20 is not a dream.

Leveraged traders beware: The volatility is almost catching up to a roller coaster, with over 10x leverage liquidating in minutes. It is recommended to play short trades with leverage within 3x, or simply avoid leverage altogether!

Trading Suggestions (Step-by-Step Teaching)

Short-term players:

Break through $14.2 + increased trading volume → follow up with light positions, set stop loss at $13.3

Break below $13.5 → just lie flat and watch, don't catch falling knives!

Long-term players:

Wait for a pullback to buy in batches at $12-13, target $18-20

If you also want to know what the main forces will do next, follow my analysis → Click on the avatar to follow Long Ge, I will share real-time strategies and analyses in the village every day! #加密市场反弹