Recently, DASH's price increase has indeed caught some attention, but from a technical perspective, this upward trend is fraught with hidden risks.
Looking at the daily chart, although the candlesticks are rising, the trading volume is shrinking—this is a classic divergence signal between price and volume. In simple terms, the rise lacks volume support, making its sustainability questionable.
On the 4-hour chart, DASH is oscillating repeatedly between 88 and 72. The consolidation pattern has not yet been broken, and the probability of a breakout in the short term is low.
From a trading standpoint, the most important thing now is to be cautious of being bitten by a rebound. Instead of chasing the height of the rally to go long, it’s better to consider shorting when the rebound pulls back—this approach has a higher win rate. If you want to catch the bottom, you'll need to wait a bit longer.
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BlockchainRetirementHome
· 9h ago
The classic story of price and volume divergence has been discussed many times, but this time DASH is indeed a bit weak—don't chase the high trend, wait for it to drop its head before making a move.
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WhaleShadow
· 9h ago
I've seen the divergence between price and volume for a long time. Some people just insist on chasing the high, and this wave will inevitably get slapped.
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ETHReserveBank
· 9h ago
I'm tired of the divergence between price and volume; it's always the same cut every time. Still, I have to wait for that rebound and pullback opportunity, or else I'll be trapped alive.
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CryptoWageSlave
· 9h ago
Divergence between price and volume is really uncomfortable; chasing highs is just giving away money.
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Another rebound with minor gains, better to stay calm and wait for opportunities.
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88 to 72 fluctuating for so long, it's really boring.
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With trading volume shrinking, don't expect sustained moves; this is basic common sense.
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Shorting opportunities are much more reliable than going long; learned that.
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Trying to bottom fish now? Bro, are you looking for self-torture?
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Consolidation is just consolidation, no need to rush. Wait for a breakout before acting.
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ForkMaster
· 9h ago
I've seen this kind of divergence between price and volume many times; project teams love to use this kind of hype. But to be honest, the repeated dumping between 88 and 72 does seem a bit like a shakeout—let's wait and see if any institutions are quietly accumulating.
Recently, DASH's price increase has indeed caught some attention, but from a technical perspective, this upward trend is fraught with hidden risks.
Looking at the daily chart, although the candlesticks are rising, the trading volume is shrinking—this is a classic divergence signal between price and volume. In simple terms, the rise lacks volume support, making its sustainability questionable.
On the 4-hour chart, DASH is oscillating repeatedly between 88 and 72. The consolidation pattern has not yet been broken, and the probability of a breakout in the short term is low.
From a trading standpoint, the most important thing now is to be cautious of being bitten by a rebound. Instead of chasing the height of the rally to go long, it’s better to consider shorting when the rebound pulls back—this approach has a higher win rate. If you want to catch the bottom, you'll need to wait a bit longer.