Blue chips are also under pressure: MYX has big dumped 40% in two weeks, XPL has fallen below $1! WLFI is nearing a critical support, and Bitcoin's pullback has triggered panic in the alts.

After the frenzy in early October and the third quarter of 2025, the crypto market has faced a severe pullback, with several tokens, including MYX, XPL, and WLFI, experiencing significant declines. Among them, MYX has plummeted 40% in two weeks (with a drop of more than 60% last week), and its monthly rise has been reduced to 23%; the XPL token has fallen below $1; while the securities token WLFI, backed by a presidential figure, has dropped 15% in a month. Although Bitcoin (BTC) retreated from $126,000 to below $123,000 on October 7, exacerbating the decline of alts, on-chain analysts believe that MYX and XPL are still above critical support levels, and there remains a chance for a bullish reversal, especially if whales may intervene.

Bitcoin pullback triggers big dump in alts

The price fluctuations of Bitcoin have a direct impact on the entire market, and even blue-chip and promising alts have not been spared.

· Bitcoin Volatility: BTC surged above $126,000 two days ago but experienced a rapid pullback on October 7, currently struggling below $123,000.

· Market linkage: The fall of Bitcoin has led to a widening decline in most alts (including the top Meme coins on Solana), putting general pressure on the market.

MYX Crypto: Stable Performance and Rebound Potential After Big Dump

MYX Token is the driving token of MYX Finance on the BNB Chain, showing some resilience in the recent market bloodbath, with the potential target to double.

· Short-term fall: According to CMC data, MYX has fallen 40% in two weeks, reducing its monthly rise to 23%. Last week, the fall of MYX USD exceeded 60%, extremely brutal.

· Key support: Interestingly, while the market experiences a fall, MYX remains stable, with buyers stepping in. The MYX Token has key support around 4 dollars.

· Bounce target: As long as the MYX price remains above 4 USD, MYX USD has the opportunity to recover and may double to above 10 USD.

XPL: Key Support Defense Battle Under Bull Flag Pattern

The XPL Token behind the Plasma platform has fallen below $1, but is forming a bullish pattern at a key support level.

· Fell below $1: Those who have long-term held (HODL) XPL need to wait longer to see the price take off, the Token has pulled back below 1 dollar.

· Technical formation: XPL is currently holding the key support level of 0.85 USD and has formed a Bull Flag pattern above this level.

· Risk Warning: However, XPL USDT is hovering above $0.85. Once it falls below this level, the XPL price could quickly big dump to $0.50, wiping out all the gains since September 25.

· Optimistic outlook: Analysts remain positive about XPL on X, believing it has the potential to become the next BNB. If XPL USD successfully breaks through the current resistance, it is expected to rise to over $1.6 and $2 in the coming months.

WLFI Token: Even Presidential Background Cannot Escape Sell-off

The price trend of the securities token WLFI, supported by a presidential background, is particularly difficult.

· Continuous decline: Since its launch on September 1, the price of WLFI has been falling steadily.

· High point pullback: WLFI Token once peaked above 0.47 USD, but is now below 0.18 USD, facing the risk of breaking below the key support level.

· Bloodbath Warning: From the WLFI USDT daily chart, if it falls below $0.16, this Trump-supported DeFi Token may experience a larger sell-off.

· Hope: Nevertheless, an analyst pointed out that after WLFI last fell to this area, the price steadily rebounded.

Conclusion

The current market pullback serves as a reminder to investors of the high volatility of encryption assets and the necessity for quick responses. The sharp decline of tokens such as MYX, XPL, and WLFI reflects the immense pressure alts face during Bitcoin pullbacks. Protecting the baseline is crucial, but excessive panic could also lead to missed rebound opportunities. MYX and XPL remain above key technical support levels, and the bullish flag pattern along with potential Whale intervention could reverse the downtrend and achieve a significant rebound. However, for tokens like WLFI that continue to decline in a one-way manner, the critical support level at $0.16 will be the last line of defense to stem the bleeding. Investors should closely monitor BTC trends and the performance of these tokens at key support levels to quickly decide whether to protect profits or increase their bets.

Do you think the probability of such a rapid reversal after a quick sell-off is higher on AI-driven and institutionally backed XPL and MYX compared to traditional Meme coins?