The recent movement of DUSK has been quite interesting. A single bullish candle caused a sharp surge, instantly igniting market enthusiasm. However, just celebrating the price increase without deeper analysis might be too hasty; it's important to carefully consider what's behind it.

First, looking at the trading volume, it skyrocketed to 103 million tokens. This level of volume indicates that there is indeed institutional capital entering the market, not just a price rally driven by hype. This is quite crucial, as it proves there is real financial backing. But from another perspective, such a large trading volume also reflects a significant split between bullish and bearish voices in the market, with considerable disagreement among different parties. Whether the price can hold steady afterward mainly depends on whether it can break above the $0.0603 level—breaking through could mean further upward movement, while failure to do so might lead to a pullback.

On the technical side, all three lines of the KDJ indicator have already surged above 80, with the J value even approaching 90. This is a classic "overbought" condition in the short term. The more aggressive the rise, the greater the risk. At this point, chasing the high could be dangerous, and one should be prepared for a possible correction at any time.

Looking at a longer cycle, the price remains above the short-term and medium-term moving averages, with MA180 (around $0.0535) already serving as a new support line. As long as this line holds, the bullish pattern remains intact.

Finally, and most practically, you must manage your positions carefully. Such tokens tend to be highly volatile, so a light position is the way to go. For leveraged trading, it’s even more important to be aware of transaction costs—if the fee rate is too high, it’s better to avoid participating, or you might end up giving money to your opponents.