2026-01-18 10:21:02

DUSK's recent rally has been truly fierce, doubling from $0.0526 in less than two weeks, and recently soaring 12% in just 5 minutes. Watching these gains, many are already excited, but honestly, I am now more focused on assessing the risks.

From a technical perspective, the daily RSI has shot up to 81.5, which is a classic sign of extreme overbought conditions. When market sentiment reaches this level, it’s really a warning sign—history has taught us many times that chasing highs at the peak often means standing on the top of the mountain. Moving averages and various oscillators all signal "buy," but these indicators are describing what has already happened, not guaranteeing that prices will continue to surge.

What’s more eye-catching is the data from the futures market—24-hour open interest suddenly surged by 229%, now reaching $34 million. A large number of new traders are recklessly adding leverage and rushing in, which usually indicates one thing: market sentiment has entered a frenzy mode. The result is increased volatility and a growing risk of forced liquidations in the opposite direction.

My simple idea is: abandon the chase for the top, patiently wait for a proper pullback, and look for safer long opportunities at key support levels. This may require more patience, but it will lead to more secure entries. Physics tells us that trees don’t grow to the sky, and the same applies to crypto markets—pullbacks are inevitable. The key is whether you’re prepared to catch the move at the right price.

DUSK-5.35%

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ReverseFOMOguy

· 01-21 07:46

Newbies rush in with leverage, I know this feeling well, it’s always like this. Just wait and see, the next one will be a massive liquidation. --- RSI 81.5, still dare to chase? The view from the top is nice, but you gotta come down quickly haha. --- Contract positions surged by 229%, which is really outrageous, this is feeding bullets to the liquidation machine. --- Those who persist and wait for a pullback eventually eat the gains, while those rushing to chase the rally mostly end up spitting it out; history loves to repeat itself. --- A tree cannot grow to the sky, this saying is not wrong, but new investors are not willing to listen, it took two or three times to realize.

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GasFeeNightmare

· 01-21 03:37

RSI 81.5 This number makes my scalp tingle, and the late-night monitoring moment has arrived again... I really don't dare to chase this wave of DUSK. What does the 229% surge in holdings indicate? Beginners are risking their lives. Wait for the pullback. Instead of chasing this peak, it's better to save some gas fees and research when is a better time to enter. After all, history always repeats...

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ContractSurrender

· 01-19 23:22

81.5 RSI really can't hold anymore, this is a classic top signal. Beginners are still frantically increasing leverage. Waiting for a pullback, that's what I think too, no need to rush. Open interest surged by 229%? Isn't this a signal before a major liquidation? I've seen it too many times. Still the same saying, greed is the biggest enemy of retail investors.

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CryingOldWallet

· 01-19 06:50

This RSI is already at 81.5, yet still dare to chase, really, beginners losing everything in this wave. --- Contract volume is 34 million, many beginners using leverage... How long will the liquidation list be this time? --- I'll wait for the pullback, but I feel it still needs to drop another 20-30% to feel safe. --- That's right, chasing the rise is just gambling with luck. I choose to sleep through and wait for opportunities. --- There is no such thing as a market that only goes up and never down. It will come back to bite sooner or later. --- Smart people are all watching, only those with their brains waterlogged are still all-in on the 5-minute chart. --- Where is the support level? Feels like it has to drop below 0.08 before I feel comfortable. --- This market move is indeed fierce, but the more intense it is, the more I want to preserve capital, not greedy. --- Accounts with reverse liquidation probably will be flooding the screens in the next two days. --- Leverage trading volume surged by 229%... Oh my, this is a countdown to liquidation.

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metaverse_hermit

· 01-18 10:46

Contract surge of 229%? This is just setting people up. Newcomers are still celebrating, while the liquidation orders are already prepared.

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ValidatorViking

· 01-18 10:42

rsi at 81.5 screaming overbought... yeah nah, i've seen this movie before. new money pouring in with 229% leverage spike? that's just slashing risk waiting to happen. patience beats getting liquidated every single time, fr

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GhostWalletSleuth

· 01-18 10:34

The reasoning may be rough, but with RSI soaring to 81, still chasing... Isn't this just inviting trouble? You really need to be patient and wait for a pullback.

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ShadowStaker

· 01-18 10:32

nah, this overbought condition is textbook cascade territory. rsi at 81.5 screaming liquidation trap written all over it... watched this movie too many times already

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OnchainSniper

· 01-18 10:32

Wait, RSI 81.5 is still being hyped? Newbies are really about to pay their tuition fees --- The contract liquidation list is about to be released again, I’m all too familiar with this rhythm --- Trees don’t grow to the sky, well said, but no one listens to advice, right? --- A $34 million position, the gambler’s vibe is too strong, I’ll step aside and watch the show --- Those chasing the rise are just trying to push the big players out, and this time is no exception --- Waiting for a pullback might take a long time, but it’s much better than getting liquidated chasing highs --- The craziest times are when you should stay calm, but unfortunately most people can’t do it --- When RSI breaks 80, it’s time to run. It’s old advice, but some people never listen --- Newbies leverage so aggressively, they’re one step closer to liquidation, the cycle law is ruthless --- Support levels do need to be waited for, but don’t wait foolishly and miss the rebound opportunity

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MoonRocketTeam

· 01-18 10:32

This RSI is already at 81.5, still chasing? Brother, are you trying to experience the feeling of jumping off a building straight from the top? Wait, the open interest has surged by 229%. Beginners are levering up and playing recklessly. Isn't this a sign of liquidation... Let's just be honest and wait for a pullback. Don't rush just because of dopamine release. The tree won't grow to the sky.

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