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DUSK has recently experienced a sharp increase, and the funding rate has also dropped to -1.417%, what does this indicate? Serious short positions are accumulating, and many traders are shorting at high levels. At such times, many traders consider opening long positions to earn funding fees, hoping to profit from the interest rate differential.
However, I must be honest—although I remain bullish in the long term, this rapid short-term surge carries significant risks. Once the high-APR activities and creator promotion periods end, it could easily trigger a profit-taking wave. By then, the selling pressure might become quite intense.
Therefore, my plan is to build a position of 10,000 DUSK, but I’m not in a rush to enter now. Instead of chasing the high, it’s better to wait for a correction opportunity to gradually accumulate. The inverse signal from the funding rate is worth noting, but it’s even more important to respect the market cycle patterns.