DUSK this wave of market movement is indeed fierce. From the price performance, the +124% increase is accompanied by a trillion-level trading volume and a surge in open interest. Such momentum is not something retail investors can generate. What's really interesting is that after breaking through, the price did not quickly plunge but instead stabilized at a high level, indicating strong buy-in and that market sentiment has shifted from wait-and-see to FOMO.

From a technical perspective, this is a typical institutional entry pattern, rather than simply short sellers being squeezed out. Although high-level turnover looks risky, as long as the price stays above the breakout level, the probability of continued upward inertia remains high.

Looking at the trading parameters:

Long position, entry zone 0.268-0.272. This area is the support zone from the last breakout, and a pullback here is a relatively safe entry point. The stop-loss is set at 0.245, which is rigid; if broken, it indicates the previous structure has failed, and an exit is necessary.

The target is divided into two steps: the first at 0.315, the second at 0.350. Both levels are extensions based on the current breakout height. The difficulty of reaching these two targets is not high, but the key is to hold onto the initial breakout logic.

In simple terms, the core of this wave of market movement is strong capital-driven signals. As long as buy orders at high levels continue to absorb, there is no reason to be pessimistic. But don’t be greedy; gradually taking profits according to the preset targets is the reliable approach.