You could separate variables and get \(\displaystyle \frac{dy}{y^{2}}=\frac{dx}{x^{3}}\)
Integrate: \(\displaystyle \int\frac{1}{y^{2}}dy=\int\frac{1}{x^{3}}dx\)
\(\displaystyle \frac{-1}{y}=\frac{-1}{2x^{2}}+C\)
\(\displaystyle y=\frac{-2x^{2}}{2Cx^{2}-1}\)
Now, solve for C by using the (1,1) and you have it kicked.