$MYX My assessment of the current downside risk for MYX. The price increase is mainly driven by sentiment, but lacks data support from user growth, revenue, or ecosystem expansion, indicating a clear disconnect between fundamentals and price. At the same time, liquidity is thin and holdings are concentrated; once trading volume declines, selling pressure can easily break through support levels. With narratives cooling down and rebounds weak, the structural indicators show significant resistance above. Until the key structures are re-established and trading volume increases, the risk-reward ratio leans toward the downside.
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$MYX My assessment of the current downside risk for MYX. The price increase is mainly driven by sentiment, but lacks data support from user growth, revenue, or ecosystem expansion, indicating a clear disconnect between fundamentals and price. At the same time, liquidity is thin and holdings are concentrated; once trading volume declines, selling pressure can easily break through support levels. With narratives cooling down and rebounds weak, the structural indicators show significant resistance above. Until the key structures are re-established and trading volume increases, the risk-reward ratio leans toward the downside.