MYX is a position worth paying attention to. Based on the current pattern, you can consider gradually building short positions with small positions, then add more based on the rebound situation.
From on-chain movements, the big players have clearly indicated a bearish direction, but the whales have not yet formed a unified view. Market participants' stances are not entirely consistent, which is why caution is advised.
In terms of trading strategy, it's best to stay on the sidelines for now and wait to see if a volume breakout signal appears. Once there is a clear increase in volume, consider larger actions.
It should be noted that this trade carries a relatively high risk level. Recently, MYX's volatility has reached 165%, with sharp price fluctuations. However, from the fee perspective, it remains within normal levels, with no additional pressure. When trading this asset, be sure to control your position size and avoid over-leveraging.
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airdrop_whisperer
· 13h ago
165% volatility, is that still considered normal? That's hilarious. I'll just take a look first.
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DegenWhisperer
· 01-11 16:50
165% volatility, that's outrageous. I'll just sit back and watch the show for now.
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ForeverBuyingDips
· 01-11 16:50
165% volatility? That's just gambling. The big whales and the market makers are still arguing, and they're letting us enter? Forget it, I'll keep accumulating at my bottom.
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MidsommarWallet
· 01-11 16:46
165% volatility, this isn't trading, it's gambling... but when the volume breaks out, you still need to keep a close eye.
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LayerZeroHero
· 01-11 16:39
165% volatility... This data doesn't support me to take action, I need to wait until the on-chain signals are clearer.
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TradFiRefugee
· 01-11 16:22
165% volatility is crazy, how come so many people still dare to play?
MYX is a position worth paying attention to. Based on the current pattern, you can consider gradually building short positions with small positions, then add more based on the rebound situation.
From on-chain movements, the big players have clearly indicated a bearish direction, but the whales have not yet formed a unified view. Market participants' stances are not entirely consistent, which is why caution is advised.
In terms of trading strategy, it's best to stay on the sidelines for now and wait to see if a volume breakout signal appears. Once there is a clear increase in volume, consider larger actions.
It should be noted that this trade carries a relatively high risk level. Recently, MYX's volatility has reached 165%, with sharp price fluctuations. However, from the fee perspective, it remains within normal levels, with no additional pressure. When trading this asset, be sure to control your position size and avoid over-leveraging.