MYX's recent trend is indeed interesting. When I issued the short signal, the price had already touched around 7 yuan, which is close to a high level. Subsequently, there was a rebound of a few cents, and many bulls started mocking in the comment section, but what I want to say is—don't be fooled by the short-term rebound.



Market behavior depends on mindset management; don't become overly bearish and fearful, nor get overly bullish just because of a rebound. My basic judgment remains unchanged: the 8 yuan level is basically unbreakable; it's an important resistance level. If you carefully observe the K-line structure and volume coordination, the probability of a breakdown is actually low.

Interestingly, the market often experiences a rapid decline when everyone relaxes their vigilance—waking up after a nap to find a sharp drop is quite common. Whether MYX can continue its bearish pattern this time mainly depends on the volume performance in the next couple of days.

Interested friends can refer to my previous more detailed bearish logic posts.
MYX0.48%
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AltcoinHuntervip
· 01-06 16:48
8 bucks can't break it? I took a look at the candlestick chart, and the trading volume these past two days is indeed worth considering, but just a small rebound and people say the bulls should wake up... that's a bit early. I really resonate with the "sleep and then a rapid decline" phrase. I was cut like that last time. Now looking at MYX's rhythm, it feels a bit familiar... let's wait and see the volume. The resistance level is just a resistance level, but I still don't dare to go short out of fear of a nighttime surprise. Your basic judgment is reliable, but I'm just worried the market won't follow the usual pattern. Short-term rebounds can indeed make people relax, but as the saying goes, managing your mindset well is key. Don't get carried away by the rhythm; the main thing is to wait for signals. The $8 level is okay, but I feel like I need to watch a bit more. The volume doesn't seem aggressive enough. Whether it breaks the level or not will be clear in the next couple of days.
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bridge_anxietyvip
· 01-05 05:03
Well, let's wait and see the trading volume in the next couple of days. The rebound is just a shakeout. --- 8 dollars is indeed the key. If it can't break through, it has to go down. --- The group that was mocking earlier should be panicking now. I bet on a drop with an egg. --- Sleeping and then dropping a thousand miles in one go—this saying is so true. I've been caught off guard. --- If the trading volume doesn't cooperate, the bulls are just bluffing. Let's wait and see. --- The resistance level is right there. Not breaking it is a signal of direction. The logic is sound. --- A few cents rebound and everyone goes crazy. These people need to work on their mental resilience. --- The key is these two days. I'm also watching MYX closely. --- This sentence really hit me: "Don't be fooled by short-term rebounds." I previously suffered big losses because of this. --- Only below 8 dollars dare to move. The upper levels are just illusions.
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GasFeePhobiavip
· 01-04 12:24
Haha, the bulls are really getting anxious, bouncing around at just a few cents of rebound. 8 dollars can't break me; I bet five eggs. Let the volume speak. I've seen this kind of dramatic drop after waking up many times. Don't be fooled, brother. I trust your judgment. The bears should keep holding.
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GasGrillMastervip
· 01-03 17:44
This rebound is just like trying to turn the tide, too many thoughts, brother. The 8-dollar level really can't be broken, volume speaks. It's too common for the market to reverse after a sleep; you have to watch closely. I was fooled by rebounds before, this time I learned to be smart. Resistance levels are tough; wait for volume to confirm. Bullish calls are loud, just wait and see. If volume doesn't cooperate, the rebound is just an illusion. These two days are critical, don't be fooled by short-term movements. If it can't break 8 dollars, it will still go down, simple.
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OnChain_Detectivevip
· 01-03 17:40
ngl this rebound pattern got all the hallmarks of a classic fakeout... volume analysis screaming red flags rn
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probably_nothing_anonvip
· 01-03 17:39
Haha, a few cents rebound and they start bouncing, a typical rookie mentality. Wake up after a sleep and it drops a thousand miles, I have deep experience with this. If 8 yuan can't break through, then it just can't, I trust your judgment. Starting to relax vigilance again, it's always like this. Volume is the real daddy, keep a close watch these days. Short-term rebounds can't fool me, the bears are not moving. The probability of a breakdown is low, I believe in this. How many people were confused by the rebound? Only fools chase high. Let's wait and see how this volume drama unfolds.
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AlwaysQuestioningvip
· 01-03 17:38
A few cents rebound and dare to mock, this is the rhythm of being trapped --- Can't break 8? I'll watch first, let the volume speak --- It's always like this, a slight rebound makes you think you've turned around, wake up everyone --- Sleeping and then a thousand-mile decline, I really feel this way haha --- The thing about resistance levels, whether it's broken or not still depends on the trading volume --- Bullish traders are happy now, but in two days you'll see what regret really means --- Managing your mindset is correct, but most people can't do it --- If this wave continues to fall, then the bearish logic will be automatically validated --- Instead of guessing, wait two days for the volume to come out and then decide --- Rebounds are confusing, this is the most common market tactic, no doubt
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JustHodlItvip
· 01-03 17:31
Haha, as soon as it rebounds, it starts to yy. I've seen this kind of move many times. 8 yuan is really a hard ceiling; volume speaks for itself. Sleeping and waking up to a direct limit-down isn't a dream. Just wait and see if it really happens in the next couple of days. Don't ask me how I know; after losing money, you'll understand.
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