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Observing DUSK's recent trend, the funding rate has been continuously declining. Does this mean that short positions have been mostly closed? From the market perspective, although this decline looks fierce, the enthusiasm for short betting is clearly insufficient, and it seems more like the market makers are creating panic to absorb liquidity.
From a technical standpoint, 0.35 is the next key resistance level to watch. Only a breakthrough here would truly reverse the situation. Meanwhile, 0.2 forms a strong trend support. Once this level is touched, a rebound back to around 0.3 is highly probable. For short position holders, setting a stop-loss in this area makes the risk relatively controllable. Conversely, my strategy is to continue to be bullish, waiting for a rebound opportunity driven by market recovery.