MYX Shows Bullish Momentum Toward $3.45 as Volume and Open Interest Rise
The post MYX Shows Bullish Momentum Toward $3.45 as Volume and Open Interest Rise appeared on BitcoinEthereumNews.com.
MYX Finance price has surged over 13% in the last 24 hours, driven by a 20% increase in trading volume to $38.66 million and rising open interest, signaling strong market confidence and potential for further gains toward $3.45. Trading volume for MYX Finance rose more than 20% to $38.66 million, indicating heightened trader interest and improved liquidity. Open interest increased by 8.48% to $45.63 million, showing traders are building positions rather than exiting. The long/short ratio stands at 1.79, with 64.22% of top trader accounts in long positions, reflecting bullish sentiment amid breaking downtrends. Discover the MYX Finance price surge: 13% gain, volume up 20%, and bullish indicators point to $3.45 target. Analyze market trends and liquidity for smart crypto investing today. What is driving the MYX Finance price surge? MYX Finance price has experienced a notable 13% increase over the past day, fueled by expanding trading activity and positive derivatives market signals. This movement highlights renewed investor engagement, with volume climbing above $38 million and open interest reflecting sustained commitment from market participants. Such dynamics suggest a shift toward bullish momentum in the cryptocurrency sector. How are open interest and trader positioning influencing MYX Finance? Open interest for MYX Finance has risen 8.48% to $45.63 million, as traders add to their exposures amid growing leverage in both spot and derivatives markets. Data from CoinGlass indicates this expansion aligns with fresh capital inflows, boosting confidence in ongoing price appreciation. Expert analysis from market observers notes that such OI growth often precedes sustained rallies, though it heightens liquidation risks during volatility spikes. Top traders show a long/short ratio of 1.79, with 64.22% holding long positions, underscoring conviction among seasoned participants who detect early momentum shifts. This positioning avoids extreme imbalances, allowing organic upside development without immediate reversal pressures. MYX Finance [MYX]…
Filed under: News - @ December 13, 2025 8:21 am