Dash has been quite interesting lately, standing out from the overall sluggish market with a nearly 15% increase. The current trading price is around $87. The most notable point is that this coin is holding firmly above the key support level of $74.34, forming a solid bottom pattern with a rounded bottom appearance.
From the funding perspective, there has been a continuous outflow of $2.45 million in spot funds, which actually tightens the available supply. This reverse tight balance is quite intriguing. The derivatives market is also quite active, with open interest soaring by 16.47%, now reaching $189.37 million, indicating that bullish enthusiasm is indeed heating up.
Overall, the structure of this rally remains relatively complete. If the momentum continues, there is a chance to test the $100 level. However, caution is advised—if the price breaks below the $74.34 support, the previous bullish logic will need to be reassessed.
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SilentObserver
· 21h ago
Dash really has something this time, breaking the hundred mark is imminent.
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WhaleWatcher
· 21h ago
Dash really has some strength this time. As long as the $75 support holds, I will continue to be bullish.
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HashBrownies
· 21h ago
Bro, Dashi, this wave is indeed a bit fierce. The outflow of $2.45 million actually shrinks supply, I like this logic.
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Can $100 really be touched... Let’s see if it can hold at $74 first.
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Contracts have piled up to 189 million, bullish sentiment is rising, but I’m just worried that one big bearish candle will wipe it all out.
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The round bottom pattern isn’t given for free, but don’t be blinded by the 15% increase; the risk is always there.
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Interesting, spot traders are leaving while contracts are piling up wildly. Who is really eating whom here?
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The support level is being held quite firmly; let’s see if this time it can break through the psychological barrier.
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PanicSeller
· 21h ago
If you can't hold onto 74, you have to run. Don't be fooled by this rebound.
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tx_or_didn't_happen
· 21h ago
Just over 74 dollars is fine to hold, breaking below that would be a joke. The person betting 100 dollars should prepare to eat noodles.
Dash has been quite interesting lately, standing out from the overall sluggish market with a nearly 15% increase. The current trading price is around $87. The most notable point is that this coin is holding firmly above the key support level of $74.34, forming a solid bottom pattern with a rounded bottom appearance.
From the funding perspective, there has been a continuous outflow of $2.45 million in spot funds, which actually tightens the available supply. This reverse tight balance is quite intriguing. The derivatives market is also quite active, with open interest soaring by 16.47%, now reaching $189.37 million, indicating that bullish enthusiasm is indeed heating up.
Overall, the structure of this rally remains relatively complete. If the momentum continues, there is a chance to test the $100 level. However, caution is advised—if the price breaks below the $74.34 support, the previous bullish logic will need to be reassessed.