MYX this wave of market movement is quite interesting. It took almost four months to go from 2 to 6, the market makers' patience is indeed impressive.

Looking at this chart, after several rounds of aggressive short squeezes, the bears are now in a wait-and-see stance. The main reason is simple— the all-time high is stuck around 18, and this psychological level is too heavy. If they really want to short, they need to prepare more than 4x margin to dare to act, the risk is too high.

Conversely, the bulls are also not in an easy position. Forcing the market upward tests psychological resilience. If they continue to open long positions at this level, unless they have a pure gambler's mentality, who dares to act casually? The upward momentum is waning, and the downward risk is obvious. Being caught in the middle is indeed uncomfortable.

Personally, I think it’s wise to observe patiently in the short term. Tomorrow’s performance will be crucial. Small-scale long attempts are not a big problem, but don’t be too aggressive. Let’s wait and see how the market attitude develops before making any moves.