2026-01-03 10:25:10

MYX, this long-forgotten Meme coin, has recently made some noise. The price has broken out of a long-term stagnant range, and trading volume has surged accordingly, making the overall trend look vigorous.

The days are not easy for the bears; many who shorted have been beaten badly, and market sentiment has shifted — from previous anxiety about missing out and despair over being trapped, to passionate chasing of gains.

What’s even more interesting is the story told by on-chain data. Large holders are frequently bottoming out, with chips becoming increasingly concentrated in the hands of a few. What does this usually mean? There is still plenty of room for upside. Bullish funds are continuously flowing in, and the price momentum is strengthening, making this pace look quite aggressive.

Of course, any rebound requires caution. After short-term overheating, a correction often follows, so it’s important to keep an eye on on-chain anomalies and key price levels, and not to be blinded by market heat. This opportunity might be worth paying attention to, but risk management is equally important.

MYX1,69%

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FlatTax

· 01-05 02:24

Large traders are accumulating chips at the bottom. I've seen this routine too many times; in the end, most retail investors end up taking the bait. It's hard to say how far this MYX rebound can go. Overheated markets are often the most dangerous. Same old rhetoric again—should we chase after short sellers' liquidation? I don't think so. A pullback can still be brutal. High on-chain concentration doesn't necessarily mean there's plenty of room for price increases. Don't be fooled by this logic. Short-term momentum is strong, but I still want to wait and see if there's a pullback opportunity before acting. Who knows if concentrated chips are for bottom-fishing or the last accumulation before a dump? MYX is gaining popularity, but caution is still necessary. Otherwise, you're just a rookie with self-discipline.

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NestedFox

· 01-04 20:06

The big players are starting to accumulate again. I know this routine too well. It's that kind of short-term overheating and then they rush to exit. Don't ask me how I know. MYX? Let's wait and see. First, let retail investors take the bait. This time, the bears were truly exposed, but the real harvest comes after the rebound and correction. The chips are concentrated in the hands of a few people. Hey, the game has just begun.

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MetaMisfit

· 01-03 10:54

Big players are accumulating at low levels. I've seen this trick too many times. Don't be blinded by the hype of a rally; a pullback is just around the corner.

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SignatureCollector

· 01-03 10:53

Big players are bottoming out, and the chips are becoming more concentrated. I've seen this pattern before... How it unfolds next depends on when they decide to exit.

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RooftopReserver

· 01-03 10:48

Whales are hoarding chips again, this wave is really interesting --- MYX broke below, the bears should cut losses haha --- Don’t be blinded by chasing highs, a pullback is just a matter of minutes --- On-chain data is so strong, there’s definitely something there --- It’s the same old story, wake up and don’t sleepwalk into a chase --- Short-term overheating, huh? Then wait a bit before jumping in --- Chips are concentrated in the hands of the big players, let’s just watch the show --- Is it really different this time? I’ve seen enough --- The bulls are entering the market, the bulls are entering the market, and it’s the same old story --- Risk management is the most important, don’t get overwhelmed by FOMO

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RuntimeError

· 01-03 10:34

Damn, the big players are lurking again. Is MYX really about to take off this time? --- The feeling of a bloodbath among the bears is really satisfying. --- I've seen the tactic of concentrated chips too many times; hopefully it's not just another dump trap. --- I understand the enthusiasm of chasing the rally, but those who get carried away usually end up crying. --- On-chain data all point to a rise, but I still feel it's a bit虚. --- Short-term overheating will inevitably lead to a correction. Wait for signals before bottom-fishing.

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SigmaBrain

· 01-03 10:29

Haha, is another dead coin about to take off? I guess those who are trapped are now frantically chasing the highs. The idea that big players are accumulating chips in a bottom-fishing manner has been heard too many times. The key is whether it can break through the previous high. MYX has risen so rapidly that it makes me a bit cautious; overheat could lead to a crash. The pace is indeed fast, but I still prefer to wait for a pullback before taking action. Chasing highs is the most dangerous; what sounds like enthusiasm is actually FOMO. Let's see if it can hold this level, or else it will be another drama of cutting the leeks.

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