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This section has a very clear rhythm: first grind, then lure, then smash. When $MYX was stalled at high levels, many people got hooked by a small rebound, thinking it could still push up for another leg, but what I saw was that the overhead suppression never got absorbed—the more the price rose, the harder it became to keep pushing.
At the time, I was watching the 0.1796 area. After it surged up, it didn’t continue; but the pullback was very decisive. That indicates control was no longer in the hands of the bulls. Plainly put, the rhythm has changed. The market is not just trading range—it’s building momentum for the shorts. The real opportunity often isn’t during the most lively moment, but in that move when most people haven’t reacted yet.
Now MYX has already come to around 0.07. The short position profit is +1201.56%, and the market’s downside space has been released quite smoothly. Here I’ll do it in batches using an 80/20 approach: lock in some profit first, and then see if there’s room to extend further.
But this is not a good spot for emotional chasing. If you have a position, protect your profits; if you don’t, wait for the next opportunity—at a more comfortable level.
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