DASH breaks out of a strong upward trend, with a 24-hour increase of 23%, and the price refreshes to $46.64. Behind this rally, the rotation effect in the privacy coin sector is beginning to show, especially as the US hearing on January 15 approaches, and market attention to privacy assets has significantly increased.

From a technical perspective, DASH breaking through the 200-day moving average is a key signal. Short-term bears were directly broken through in this rebound, with approximately $6M of short positions being liquidated. Market sentiment has shifted from pessimistic to optimistic, with bullish momentum continuing to be released.

The next focus is very clear—$50 and $44 will become important reversal points. Whether the price can hold above $50 determines if the upward trend can continue; if it falls below $44, a reassessment is needed. The movement of such privacy coins often exhibits phase characteristics, so monitoring these two support and resistance levels in the short term will be crucial.