These past couple of days, DYDX has been performing quite aggressively. After bottoming out at $0.192, it repeatedly oscillated within the $0.195 to $0.200 range, with each dip attracting buying interest—clearly gathering strength. Then, it surged in one go to a new high of $0.215. Even with a slight pullback to $0.205 afterward, the intraday increase was still 5.13%. This is not a false rally—24-hour trading volume reached 30.73 million USDT, with a total volume of 153 million, and the momentum during the push to the top clearly expanded, indicating that big players with real capital are entering and fueling the move.

In simple terms, the previous consolidation was just preparation for this surge.

How to operate? First, don’t chase the high, really. Wait for a pullback to the $0.198 to $0.200 zone, and entering with small positions is the safest—this area is a key support level recently. For taking profits, the first target is $0.210, the second is $0.215. If it truly breaks the previous high, you can try to see if it can reach $0.220. For stop-loss, hold tight at $0.195; a break below this line will likely end the short-term rally.

From a cycle perspective, an 11.41% increase over 7 days shows the trend is gradually strengthening. But the 90-day loss of 44.89% and a half-year loss of 66.45% also need to be acknowledged—mid-term pressure still exists. However, the short-term upward direction is very clear now. As long as $0.195 holds, the bullish mindset remains valid. For those looking to short, my advice is to really avoid participating at this stage. Coins breaking new highs and taking the opposite position is just fighting against the trend, and you'll only get crushed by the market. For those wanting to go long, be patient and wait for a pullback to buy in lower—only then can you steadily capture this wave of gains.