$MYX that I had my eye on for the past 3.7 hours has now stalled. The burst of momentum to push higher got a bucket of cold water poured on it directly by the order book!
T0 price is 0.1121, now it’s 0.1067, down 4.82%.
The 24h gain has shrunk from 41.36% to 6.7%—the heat has clearly cooled.
The intraday high already tagged 0.1195, but it hasn’t managed to reclaim that level. Chasing higher has been clearly suppressed.
OI has dropped from $9.0M to $8.6M; after T0, it’s down 4.64%.
More importantly, the 1-hour OI is down 11.0%—this isn’t just sideways; positions are actually being withdrawn.
Funding rate also fell from 0.0225% to 0.0086%. Longs are still paying, but the pressure has cooled quite a bit compared to the initial stage.
Taker has slid from 1.03 to 0.84, and the aggressive buy side isn’t as firm anymore.
The long/short ratio is still at 2.76. Retail longs still make up 73.0%, and the crowd hasn’t fully cleared out.
Taken together, these figures point to a pullback in price, position reduction, and weaker buy pressure—but the long side formation hasn’t fully dispersed. The risk points are still up high.
Going forward, focus on two things: whether trading volume can keep expanding, and whether OI continues to drain or starts to rebound.
If price doesn’t move and OI builds back up, the crowding on both sides will look even more glaring.
#合约复盘 #MYX price action
This content was generated with the help of Claude Fable 5 and is for informational reference only—please verify it yourself.
T0 price is 0.1121, now it’s 0.1067, down 4.82%.
The 24h gain has shrunk from 41.36% to 6.7%—the heat has clearly cooled.
The intraday high already tagged 0.1195, but it hasn’t managed to reclaim that level. Chasing higher has been clearly suppressed.
OI has dropped from $9.0M to $8.6M; after T0, it’s down 4.64%.
More importantly, the 1-hour OI is down 11.0%—this isn’t just sideways; positions are actually being withdrawn.
Funding rate also fell from 0.0225% to 0.0086%. Longs are still paying, but the pressure has cooled quite a bit compared to the initial stage.
Taker has slid from 1.03 to 0.84, and the aggressive buy side isn’t as firm anymore.
The long/short ratio is still at 2.76. Retail longs still make up 73.0%, and the crowd hasn’t fully cleared out.
Taken together, these figures point to a pullback in price, position reduction, and weaker buy pressure—but the long side formation hasn’t fully dispersed. The risk points are still up high.
Going forward, focus on two things: whether trading volume can keep expanding, and whether OI continues to drain or starts to rebound.
If price doesn’t move and OI builds back up, the crowding on both sides will look even more glaring.
#合约复盘 #MYX price action
This content was generated with the help of Claude Fable 5 and is for informational reference only—please verify it yourself.