DASH current price level is worth paying attention to. From the long-short comparison, the retail investor long-short ratio has fallen below 0.9, reflecting an interesting phenomenon — retail investors are building short positions against the trend, while the big players hold ample long positions, leading to a serious imbalance between buyers and sellers.

The market signals several clues. Open interest is decreasing, but the price remains firm, indicating that shorts are being gradually forced to stop-loss and get liquidated. This combination of decreasing open interest and price resistance usually suggests that the strong side is accumulating strength. Retail investors are still stubbornly holding onto their shorts, while the main force will continue to push the price up until they are forced to close their positions — this is a typical short squeeze.

An overbought RSI should not be over-interpreted. When a short squeeze begins, traditional indicators often become ineffective. The trading logic at this point is simple: follow the main force’s bullish trend. As long as retail investors are still blindly shorting, the main force’s fuel remains abundant.