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Dash has been quite interesting lately, standing out from the overall sluggish market with a nearly 15% increase. The current trading price is around $87. The most notable point is that this coin is holding firmly above the key support level of $74.34, forming a solid bottom pattern with a rounded bottom appearance.
From the funding perspective, there has been a continuous outflow of $2.45 million in spot funds, which actually tightens the available supply. This reverse tight balance is quite intriguing. The derivatives market is also quite active, with open interest soaring by 16.47%, now reaching $189.37 million, indicating that bullish enthusiasm is indeed heating up.
Overall, the structure of this rally remains relatively complete. If the momentum continues, there is a chance to test the $100 level. However, caution is advised—if the price breaks below the $74.34 support, the previous bullish logic will need to be reassessed.