DUSK's recent performance has attracted significant attention. From a technical perspective, the daily increase exceeds 12%, stabilizing above $0.066. The EMA 7/25/99 lines form a strong support pattern. Over the past month, the price has risen by 54%, indicating a clear overall trend. Trading volume is also expanding, with 24-hour trading exceeding $10 million, and an average of over $1 million participating per hour.
Market sentiment is even more noteworthy. According to holdings data, long whale addresses have increased their positions by 26% recently, currently holding 34 major addresses. These large holders, who positioned at $0.0579, are already in an 11.6% profit and continue to accumulate. On the other hand, about 89% of short positions are at a loss, with an average loss close to 10%, indicating that market sentiment has shifted to bullish.
Fundamentally, the key driver of this rally is the upcoming launch of the DuskEVM mainnet. The RWA tokenization plan is ready, and progress is being made on the MiCA compliance framework, pointing directly to institutional-grade applications. Additionally, 30% of the token supply has been staked and locked, further reducing liquidity pressure. Technical indicators show that the MACD histogram remains bullish, and even with RSI at high levels, there are no signs of topping out.
From this perspective, there may still be room for adjustment before the mainnet launch, with support around $0.06. If it can break through $0.072, there is short-term upside potential. Ultimately, the key depends on the actual progress of the mainnet deployment and institutional recognition.
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SerumDegen
· 5h ago
whales loading up 26% while shorters getting liquidated... classic cascade setup before the mainnet drop, ngl. that 0.06 support's prolly a trap tho lol
Reply0
YieldHunter
· 10h ago
ngl the whale accumulation metrics look sus... 34 addresses holding 26% more? technically speaking, if you look at the data, that's literally textbook before-the-dump activity. seen this correlation coefficient play out too many times lol
Reply0
TrustlessMaximalist
· 10h ago
Whales are quietly eating again, with the bears cutting meat one after another. This rhythm is a bit intense.
The real test is when the mainnet goes live; don't be confused by the technical aspects, look at the actual user base.
Whether 0.06 holds is the key; don't get too arrogant before breaking through 0.072.
RWA is indeed attractive; institutional acceptance is the deciding factor, right?
Staking 30%? Wow, this liquidity suppression is quite harsh.
A giant whale is hiding at 0.0579 with an unrealized profit of 11.6% and still eating. When can I be this calm too?
MACD is still struggling, RSI at this high level will eventually pull back; being cautious is not wrong.
Continuing to absorb, right? But the real test is on the mainnet; just having data isn't enough.
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SnapshotLaborer
· 10h ago
Whales are accumulating again; this pace is quite something.
View OriginalReply0
PrivateKeyParanoia
· 10h ago
Whale accumulation + mainnet is coming soon, this rhythm feels a bit familiar... Which coin did this last time?
DUSK's recent performance has attracted significant attention. From a technical perspective, the daily increase exceeds 12%, stabilizing above $0.066. The EMA 7/25/99 lines form a strong support pattern. Over the past month, the price has risen by 54%, indicating a clear overall trend. Trading volume is also expanding, with 24-hour trading exceeding $10 million, and an average of over $1 million participating per hour.
Market sentiment is even more noteworthy. According to holdings data, long whale addresses have increased their positions by 26% recently, currently holding 34 major addresses. These large holders, who positioned at $0.0579, are already in an 11.6% profit and continue to accumulate. On the other hand, about 89% of short positions are at a loss, with an average loss close to 10%, indicating that market sentiment has shifted to bullish.
Fundamentally, the key driver of this rally is the upcoming launch of the DuskEVM mainnet. The RWA tokenization plan is ready, and progress is being made on the MiCA compliance framework, pointing directly to institutional-grade applications. Additionally, 30% of the token supply has been staked and locked, further reducing liquidity pressure. Technical indicators show that the MACD histogram remains bullish, and even with RSI at high levels, there are no signs of topping out.
From this perspective, there may still be room for adjustment before the mainnet launch, with support around $0.06. If it can break through $0.072, there is short-term upside potential. Ultimately, the key depends on the actual progress of the mainnet deployment and institutional recognition.