#美SEC促进加密创新监管体系 a big dump of 12% in two days, is it panic selling or strategic Whipsaw?

Recently, the trend of DASH has indeed made many holders uneasy. However, upon closer examination, there is a noteworthy change in the news aspect—some overseas markets are beginning to show subtle shifts in their regulatory stance towards privacy coins. If this trend continues, DASH, as a well-established anonymous coin, may welcome an unexpected rebound window. The current selling pressure might be someone taking advantage of panic emotions to gather chips.

What is the technical perspective?

From the 1-hour K-line observation, after the price touched the key support level of 62.69, there were obvious signs of stopping the fall. The MACD green bars have started to narrow, indicating a weakening of bearish momentum; the RSI indicator has entered the oversold zone, and the conditions for a technical rebound are basically in place. What needs to be focused on now is the resistance level of 74.51 - if the trading volume supports the breakout, the psychological barrier of 75 dollars may be tested soon.

There is another detail: current liquidation data shows that short positions have accumulated to about $450,000. Once market sentiment reverses, this portion of short covering will create additional buy pressure, which may accelerate price recovery.

My judgment

This round of sharp decline resembles a typical "panic digging". Experienced traders know that the main funds love to create panic during such times, forcing retail investors to cut losses at low levels, while they quietly build positions. Looking at the medium term, DASH's 30-day increase still remains above 44%, and the trend structure has not been completely broken. Of course, whether the rebound can continue depends on whether there are substantial positive developments to follow—if there are policy or ecological news landing next week, $75 may just be a relay station.

What should you do if you are holding a position?

It is not advisable to blindly cut losses. Near 62.69, you can consider gradually adding positions, and a more reasonable stop-loss line is set below 60 dollars.

Observe the changes in trading volume: If the price breaks through 67.27 and is accompanied by an increase in volume, consider adding to your position.

Stay calm. Before the main force pushes up, they usually will first whipsaw the floating capital. Only those who can endure this stage will have the opportunity to reap the profits later.

The market is never short of opportunities; what it lacks are those who can stay clear-headed in the chaos. Is this time a trap or an opportunity for DASH? Remember this: a big dump in a bull market is often the best entry point—provided you dare to get on board.