{"id":68022,"date":"2026-02-11T19:03:36","date_gmt":"2026-02-11T19:03:36","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/myx-finance-crashes-30-in-a-day-as-sell-off-deepens\/"},"modified":"2026-02-11T19:03:36","modified_gmt":"2026-02-11T19:03:36","slug":"myx-finance-crashes-30-in-a-day-as-sell-off-deepens","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/myx-finance-crashes-30-in-a-day-as-sell-off-deepens\/","title":{"rendered":"MYX Finance crashes 30% in a day as sell-off deepens"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/02\/myx-finance-price-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/02\/myx-finance-price-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/02\/myx-finance-price-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/02\/myx-finance-price-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>MYX Finance price dropped more than 30% to under $4 amid mounting selling pressure.<\/li>\n<li>The Relative Strength Index (RSI) suggests oversold conditions, potentially sparking a relief bounce.<\/li>\n<li>Downside is, however, the path of least resistance amid a technical breakdown.<\/li>\n<\/ul>\n<p>MYX Finance (MYX) price has declined by more than 30% in the past 24 hours, hitting fresh lows under $4.<\/p>\n<p>The Sequoia and Consensus-backed decentralized liquidity protocol ranked as the biggest loser among the top 100 coins on Wednesday, with its dramatic downturn extending the rot since prices sharply dropped from highs of $6.9.<\/p>\n<p>As of writing on February 11, 2026, the token\u2019s price hovered at levels last seen in early January.<\/p>\n<h2>MYX Finance price falls 30% as sell-off intensifies<\/h2>\n<p>There were sharp declines across the broader cryptocurrency market on Wednesday as Bitcoin fell to under $66k again.<\/p>\n<p>But while <a href=\"https:\/\/coinjournal.net\/news\/arbitrum-price-forecast-whats-next-amid-45-arb-downturn\/\" target=\"_blank\" rel=\"noopener\">Arbitrum<\/a>, Bittensor, World Liberty Financial, and Jupiter all slipped, MYX Finance\u2019s 30% drop over the period was the sharpest.<\/p>\n<p>The bleeding pushed the token below the critical $4 threshold, with a return to $3.88 marking the biggest drop since the 48% mauling on October 10, 2025.<\/p>\n<h2>Why is MYX Finance price down?<\/h2>\n<p>MYX is crashing amid massive selling pressure. According to CoinMarketCap data, the altcoin saw a nearly 120% spike in daily trading volume as prices plummeted.<\/p>\n<p>As noted, the sell-off comes as the broader crypto market jitters push sentiment into extreme fear territory.<\/p>\n<p>Bitcoin\u2019s struggle to hold above $70k, with sharp declines to $65k in the past 24 hours, has exacerbated the downside action.<\/p>\n<p>Spooked holders are now dumping the MYX accumulated during the token\u2019s rally to above $6.9 last month.<\/p>\n<p>The price capitulation now has MYX Finance\u2019s total value locked (TVL) down to $27 million. <a href=\"https:\/\/defillama.com\/protocol\/myx-finance\" target=\"_blank\" rel=\"noopener\">DeFiLlama<\/a> also shows protocol fees, a key revenue driver, are also sharply down as institutional interest wanes.<\/p>\n<p>Open interest in MYX perpetual futures contracts has slipped to $26 million, compared to over $182 million in October 2025 and $59 million in early January.<\/p>\n<h2>Technical analysis: What next for MYX?<\/h2>\n<p>From a technical perspective, MYX Finance\u2019s trajectory is largely bearish.<\/p>\n<p>The token has decisively broken below a multi-week ascending channel pattern on the daily chart, with the technical formation having supported its uptrend to year-to-date highs.<\/p>\n<p>This breakdown, which could be confirmed by a close under the channel\u2019s lower boundary, signals strong downside continuation.<\/p>\n<p>Other indicators allude to the potential for further erosion of bullish momentum.<\/p>\n<p>RSI on the daily chart is decisively sloping into oversold territory, but it\u2019s not there yet to suggest room for bears to manoeuvre.<\/p>\n<figure id=\"attachment_361180\" aria-describedby=\"caption-attachment-361180\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-361180\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/02\/MYXUSDT_2026-02-11_19-15-00.png\" alt=\"MYX Price Chart\" width=\"1057\" height=\"609\"\/><figcaption id=\"caption-attachment-361180\" class=\"wp-caption-text\"><a href=\"https:\/\/www.tradingview.com\/symbols\/MYXUSDT\/\" target=\"_blank\" rel=\"noopener\">MYX price chart<\/a> by TradingView<\/figcaption><\/figure>\n<p>MYX price is also below a key ascending trendline from Nov. 2025, with psychological support at $3.60. If sellers drive MYX under $3.00, the next major demand reload zone will be $1.85.<\/p>\n<p>On the upside, any short-term rebound faces formidable resistance at the $6.90 zone. Before that, bulls have to negotiate the mild overhead supply clusters around $4.80.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/myx-finance-crashes-30-in-a-day-as-sell-off-deepens\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) MYX Finance price dropped more than 30% to under $4 amid mounting selling pressure. The Relative Strength Index (RSI) suggests oversold conditions, potentially sparking a relief bounce. Downside is, however, the path of least resistance amid a technical breakdown. MYX Finance [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":68023,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/68022"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=68022"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/68022\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/68023"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=68022"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=68022"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=68022"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}