Market Overview - Cryptocurrencies are struggling to replicate the bullish trends seen in equities and precious metals, with Bitcoin (BTC) trading at $112,000, reflecting a modest gain but remaining on the lower side of its range [1] - Altcoins are underperforming, with FET dropping by 6.2% after Ocean Protocol's exit from the ASI Alliance, leading to a significant sell-off [2] Altcoin Performance - The "altcoin season" index on CoinMarketCap has declined to 38/100 from 67/100 earlier this month, indicating a bearish sentiment in the altcoin market [2] - Specific altcoins like MYX and CAKE have seen declines of 10% and 4% respectively, highlighting the overall weakness in the altcoin sector [2] Derivatives Positioning - Futures open interest for tokens like XPL, ASTER, SUI, and LINK has increased, while BTC futures open interest on Binance surged by $510 million, suggesting increased trading activity [4] - A whale address opened a 5x short position in BTC worth $140 million, indicating a cautious sentiment among traders [4] - Perpetual funding rates for major cryptocurrencies, including Bitcoin and Ether, remain flat-to-negative, reflecting a lack of bullish momentum [4] FET and Ocean Protocol - FET has experienced a significant decline of 43% due to Ocean Protocol's decision to leave the ASI Alliance, resulting in persistent selling pressure [4] - FET is currently trading at $0.31, its lowest point in two years, having lost all bullish gains from the recent market uptrend [4] - The token had previously peaked at $3.11 in 2024 amid AI-related optimism but has since struggled to regain momentum [4] Market Sentiment - The International Monetary Fund (IMF) has issued a warning regarding the potential risks of an AI bubble, suggesting that its burst could have consequences similar to the dotcom crash [4]

Now live on Kraken 📣$MYX by @MYX_FinanceStart trading today ⤵️https://t.co/fE7EIkOHtJ https://t.co/oKoMXzwAqj ...

💥💥💥THE END💥💥💥#sstvi #BamBam #NobelPeacePrize #GenshinImpact #BamBamEP_HOMETOWN #nampingster #HOMETOWN #GUINZLY #FIFAWorldCup #Gaza #GUINZLY #Crypto #BitmeyenSoykırımGazze #Binance #Solana #crash #ipoallotment #zonauang #trump #china #tariffs #Stock #Russia #phaideiTHE HUNTER ✴️ (@TrueGemHunter):⚠️BREAKING ⚠️One of the biggest ever crypto crash in 5 years, last 24 hours worst preforming crypto:$DEXE -70%$KAVA -68%$IOTX -68%$MYX -62%$NEIRO -62%$LUNC -61%$TIA-59%$SSV-59%$FRAX-57%$KAIA -56%$DOG -55%PURE HOROR h ...

RT THE HUNTER ✴️ (@TrueGemHunter)⚠️BREAKING ⚠️One of the biggest ever crypto crash in 5 years, last 24 hours worst preforming crypto:$DEXE -70%$KAVA -68%$IOTX -68%$MYX -62%$NEIRO -62%$LUNC -61%$TIA-59%$SSV-59%$FRAX-57%$KAIA -56%$DOG -55%PURE HOROR https://t.co/yJcZZmkT4k ...

⚠️BREAKING ⚠️One of the biggest ever crypto crash in 5 years, last 24 hours worst preforming crypto:$DEXE -70%$KAVA -68%$IOTX -68%$MYX -62%$NEIRO -62%$LUNC -61%$TIA-59%$SSV-59%$FRAX-57%$KAIA -56%$DOG -55%PURE HOROR https://t.co/yJcZZmkT4k ...

Core Insights - October is anticipated to bring a new wave of altcoins attracting investor interest, with potential Binance listings acting as a significant catalyst [1] Group 1: MYX Finance (MYX) - MYX has experienced a remarkable increase in trading activity, with its price rising over 1360% to $14.31 in the past month [2] - The token is currently up 57% in the past week and faces resistance at $15.84; if it breaks this barrier, it could reach its all-time high of $19 [3] Group 2: ASTER - ASTER is likely to see a potential listing on Binance soon, as on-chain data indicates tokens being transferred to Binance spot wallets, including a significant transaction of $4.8 million [5] - If buying momentum is generated, ASTER's price could rise towards $2.03; however, if demand does not materialize, it may drop to $1.71 [6][7] Group 3: Mantle (MNT) - MNT's credibility has been bolstered by listings on major exchanges like Coinbase and Bybit, enhancing its chances for a Binance listing [8] - The increased trading activity has pushed MNT's market capitalization above $6.9 billion, with its current trading price around $1.98, which could increase if demand continues [8]

Core Insights - The lack of strong bullish cues has prevented altcoins from reaching all-time highs, although Bitcoin (BTC) has shown some recovery above $110,000, raising hopes for a positive week ahead [1] BNB Analysis - BNB is currently trading at $1,010, just 7.2% away from its all-time high of $1,083, having recently reclaimed the $1,000 mark, which is a significant psychological level for investors [2][3] - The main challenge for BNB is to maintain momentum above $1,000, which requires consistent investor support; the 50-day EMA suggests a potential strong upward move could be ahead, with a possibility of retesting the all-time high and extending to $1,100 [3] Mantle (MNT) Analysis - MNT is trading at $1.74, slightly above the critical support level of $1.71, which has acted as resistance for over two weeks; securing this support could lead to a rally towards its all-time high of $1.91, requiring a rally of over 9.4% [6][7] - If MNT falls below $1.71, it may consolidate above $1.59, but losing this support could signal weakness and expose MNT to deeper losses [8] MYX Finance (MYX) Analysis - MYX is positioned to aim for a new high, currently sitting 24.8% away from its next resistance, with $14.41 established as a strong support level, indicating potential for continued upward momentum if market conditions align [9] - A further rally for MYX will depend on market support and investor activity; if momentum builds, it could retest its all-time high of $19.98 and potentially move towards $22.00, indicating stronger upside potential [10]

Core Insights - MYX, the native token of MYX Finance, has surged nearly 30% in the past 24 hours, indicating a standout performance in the current market [1] - Despite the price increase, there are signs of weakening demand for MYX, suggesting that the rally may not be supported by strong organic momentum [1][4] - The trading volume for MYX has declined even as the price rose, indicating a lack of buyer support for the upswing [2][3] Market Sentiment - The surge in MYX's price reflects an improvement in broader market sentiment after a week of poor performance [4] - However, the falling trading volume suggests that the rally is not driven by genuine investor demand, raising the risk of a potential correction [4] Technical Indicators - The Chaikin Money Flow (CMF) for MYX is trending downward toward the zero line, indicating weakening capital inflows despite rising prices [5][6] - This downward trend in CMF forms a bearish divergence, suggesting reduced conviction among buyers and increasing pressure on MYX's price [7] Price Projections - Without new capital inflows to sustain the uptrend, MYX's price may struggle to maintain its gains, with a potential drop to $9.55 if current momentum stalls [8]

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⚠️ Airdrop Scrutiny@bubblemaps flags ~9.8M MYX (~$170M) claimed by ~100 linked wallets (sybil risk). @MYX_Finance disputes the claim and defends distribution. Scrutiny continues—track comms, on-chain adjustments & exchange responses.5/6 ...