DASH breaks through a key resistance level, with a single-day increase of nearly 66%. The core driving forces behind this movement are worth paying attention to.



From a capital perspective, the negative financing rate sends a clear signal — short positions are being forced to close. Trading volume surged by 455% to approximately $425 million, and such abnormal volume is usually accompanied by strong liquidation events.

On the technical side, DASH has just broken through the $41 psychological level and is above important moving averages. Meanwhile, there are signs of rotation in the privacy coin sector, with funds flowing between DASH, Monero (XMR), and Zcash (ZEC).

The Fibonacci retracement levels on the chart also indicate potential upward targets. Is this rebound a correction from short-term technical oversold conditions, or the beginning of a revaluation of privacy coins? Traders are using volume and price action to find the answer.
DASH-4,18%
ZEC-6,32%
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LiquidationKingvip
· 01-16 10:38
Are the shorts being wiped out? This surge is a bit crazy, a 455% volume looks really exciting. Once again, it's the negative financing rate. Can DASH really hold $41 this time? Privacy coins are moving, gotta keep an eye on the trends of XMR and ZEC.
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TopBuyerBottomSellervip
· 01-15 23:13
The short positions were liquidated; this round of liquidation is quite fierce. --- 66% in one day? I just want to know who was picking up the bag at the top. --- The appearance of negative financing rates signals that there is still hope in the short term. --- Privacy coin rotation? Why hasn't XMR moved yet? It feels like DASH is the star of the show again. --- A 455% trading volume—this is obviously the main force washing out their positions. Don't be scared. --- What does it matter if $41 is broken? The key is whether it can hold steady. --- Every time, people say Fibonacci has potential, but when it actually happens, it just drops again. Speechless. --- I bet this is just a technical correction; the real market trend hasn't arrived yet. --- The liquidated shorts are probably regretting it now, haha. --- The privacy coin sector finally responded; it was truly sleeping for too long before.
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NeverVoteOnDAOvip
· 01-15 05:37
66% increase, the short positions were forcibly liquidated. This momentum is quite intense. --- Negative funding rates clearly indicate the issue; those shorting got beaten out. --- 455% volume surge... Is this really genuine or just a fake-out? We need to see if it can hold steady afterward. --- Is privacy coin rotation starting again? I just want to know how long this can last. --- Breaking $41 directly hits the moving average; the technical outlook does look clean. --- Where is the Fibonacci upward target? Has anyone calculated it? --- This rebound really can't be faked; the volume is there. --- Wait, how will XMR and ZEC move? DASH's move is the only one that seems convincing. --- Another wave of liquidations is coming; I saw it coming a long time ago. --- Short-term oversold correction? Or is the revaluation beginning? Honestly, I can't tell the difference.
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AirdropHunterXMvip
· 01-14 05:03
Shorts got liquidated, for real. 455% trading volume is no joke.
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CoinBasedThinkingvip
· 01-14 05:00
66%? The shorts have been wiped out completely. This volume speaks the truth. I just want to see if it can break through 55; otherwise, it will just keep fluctuating...
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LuckyHashValuevip
· 01-14 04:55
The short positions have been wiped out; this is the real rebound signal.
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AirdropBlackHolevip
· 01-14 04:46
666, this short squeeze was really impressive, flipping the financing rate directly, this is true liquidation showmanship.
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