DUSK has performed remarkably during this period, with a fierce upward trend that caught many shorts off guard. However, from a technical perspective, the situation is somewhat delicate—several indicators have entered overbought territory, with obvious resistance above. Behind this strong momentum, there are actually many hidden risks. The short- to medium-term trend may reverse, and a correction to digest these profit-taking positions is quite likely. Additionally, the funding rate has soared above 1%, and although it is only charged once every 8 hours, it indicates that market sentiment is already quite heated. At this point, blindly chasing long positions is not very wise; instead of stubbornly holding on, trying short positions might be better. After all, being prepared is key—under this risk/reward ratio, moderate defense is the right approach.
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MetaverseVagabond
· 7h ago
Still chasing after an obvious overbought condition? It's time to take profits, friends.
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StablecoinEnjoyer
· 9h ago
Still chasing after an obvious overbought? The fee rate has already soared to 1%. If this correction is coming, let it come.
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OldLeekMaster
· 01-18 17:58
Is it still being chased despite such obvious overbought conditions? Time to wake up, brothers.
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OnChainDetective
· 01-18 17:58
looking at those funding rates spike to 1%+ ... transaction patterns suggest classic distribution setup. seen this exact signature before. statistical anomaly or coordinated move? 🤔 traced through multiple hops on similar pumps. suspicious activity detected imo
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ContractTearjerker
· 01-18 17:57
Short position? I think it's better to go all-in on a long, anyway DUSK's momentum is unstoppable this wave
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LonelyAnchorman
· 01-18 17:57
Is anyone still chasing after such obvious overbought conditions? Haha, just don't cry when this wave of correction comes.
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OffchainWinner
· 01-18 17:39
Still chasing after an obvious overbought? The fee rate has skyrocketed to 1%. Honestly, I advise everyone not to go against the trend; a correction is only a matter of time.
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RetroHodler91
· 01-18 17:35
Such obvious overbought signals, and people still dare to chase? The fee rate has skyrocketed to 1%, don't they have any sense?
DUSK has performed remarkably during this period, with a fierce upward trend that caught many shorts off guard. However, from a technical perspective, the situation is somewhat delicate—several indicators have entered overbought territory, with obvious resistance above. Behind this strong momentum, there are actually many hidden risks. The short- to medium-term trend may reverse, and a correction to digest these profit-taking positions is quite likely. Additionally, the funding rate has soared above 1%, and although it is only charged once every 8 hours, it indicates that market sentiment is already quite heated. At this point, blindly chasing long positions is not very wise; instead of stubbornly holding on, trying short positions might be better. After all, being prepared is key—under this risk/reward ratio, moderate defense is the right approach.