DASH has recently shown a clear change in its trend. The price completed a high-level turnover around 92 and has now fallen back to around 81.8. During this process, whether in the spot or futures market, funds have been continuously flowing out.

From a technical perspective, 92 was an important high point earlier. Traders who chose to short at that time are now seeing a price correction. This confirms the bearish outlook—although many were hesitant at the time, thinking DASH still had room to rise, the current trend has provided the answer.

The key support level is at 75. If this level cannot hold, attention should then turn to the 50 line. For those holding short positions, these are important target references. The current market funds attitude and technical signals both point to the possibility of a downward move.