【MYX Rocket Launch or Meteor Fall? The Ultimate Bull-Bear Showdown at the 0.96 Threshold is Imminent!】
Summary in One Sentence: After doubling within 24 hours, MYX's price has been locked in the "high corridor" of 0.96-1.02. A massive reduction of 62% in open interest suggests a high-level turnover by the main force, with the short-term determining whether it will retrace to the value anchor of 0.31 or make a second peak at 2.0.
Key Interval Structure
• Value Anchor (POC): 0.306, 70% Trading Volume Range 0.07-1.32, current price at the upper edge, overbought risk sharply increased
• High Volume Buffer Zone (HVN): 0.75-0.80, 0.30-0.33, the former being the last line of defense for short-term bulls, the latter as a retracement magnet
• Low Volume Gap (LVN): 0.49-0.52, 1.49-1.52, once there is a volume breakthrough/breakdown, the price will traverse quickly
• Momentum Verification: Up Volume in the 0.75-0.80 range at 82%, short-term bulls still dominant; Up Volume above 1.0 drops sharply to 55%, chasing high momentum declines
Market Cycle Judgment
At the end of a "Parabolic Bull Market", contract open interest has decreased by 62% in 24 hours, and the bull-bear ratio is 1.05→0.95, a typical distribution phase; if it loses 0.75, it will confirm the stage top, with the retracement to POC 0.31 being the most probable path.
Trading Strategies
Aggressive: Light short position in the current price range of 0.958-0.965, stop loss at 1.02 (recent HVN upper edge + 0.5 ATR), target 0.75/0.31, risk-reward ratio ≈ 2.8
Conservative: Wait for a retracement to 0.75-0.76 HVN with decreasing volume + long lower shadow to go long, stop loss at 0.72, target 0.96/1.15, risk-reward ratio ≈ 2.5
Cautious: Go short if it breaks below 0.72, stop loss at 0.76, target 0.49 gap, risk-reward ratio ≈ 2.2
Risk Warning: If the 1-hour close goes back above 1.03 with increased volume, the strategy becomes invalid, reverse to go long.
LP Market Making Suggestions
Current implied volatility is extremely high, it is recommended to place narrow range LPs simultaneously in the two HVN ranges of 0.75-0.80 and 0.30-0.33 to earn fees while waiting for value return; if the price enters LVN 0.49-0.52, immediately narrow or withdraw orders to prevent liquidation.
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