2026-01-23 02:00:12

DUSK in the January 2026 rally is definitely a textbook case. It surged 64% within 24 hours, directly breaking through a two-year-long resistance level. Many people are still tangled up in social media over candlestick charts and MACD, but the real story is in the on-chain data.

The "Perfect Trap" for Bears

Before the big bullish candle on January 19, the market looked quite strange. DUSK's funding rate dropped to deeply negative levels, and the entire network was betting that "mainnet positives have been fully digested." Unfortunately, the big players had already figured out the tricks—NPEX asset migration and Chainlink partnership, these two trump cards, marked the beginning of the bear's nightmare.

On-chain data shows that a large number of stop-loss orders were triggered, and institutional active positions along with passive buy orders created a kind of "resonance" effect. This violent breakout has a deeper meaning: DUSK has completely shed its previous label as a "privacy coin" and officially entered the valuation logic of "financial infrastructure."

The "Black Hole" of Liquidity

Why was this rally so effortless? Simply put, there was a severe shortage of freely circulating tokens in the market. After the mainnet launch, the Hyperstaking mechanism was in full force, with high yields and deep governance token binding, attracting over 45% of circulating tokens to be locked for the long term. Plus, the original tokens needed for RWA institutions to enter were frozen, and the amount of tokens freely tradable on the secondary market had fallen to a historic low. This extreme supply and demand imbalance meant that even a small buying impulse could trigger a chain reaction.

DUSK-18,38%

LINK-1,11%

RWA-1,96%

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OnchainHolmes

· 10h ago

Shorts getting blown up is truly incredible; this is the real sniper tactic. This move by DUSK is textbook reverse thinking. When the funding rate is extremely negative, it's the most dangerous signal, yet those people are still looking at MACD. On-chain data is the real trump card. Hyperstaking has locked 45% of the circulating supply. With such a shortage in the secondary market, even a single bullish candle can break through the resistance level. This isn't a surge; it's inevitable.

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HappyToBeDumped

· 10h ago

Wow, 45% lock-up? This situation is really just one straw away from breaking MACD is useless now, on-chain data is the real boss Brothers are still fussing over K-line, funds have already entered the market This Hyperstaking wave is just a "chip black hole," so satisfying Breaking through the two-year resistance level, isn't it about to take off? Liquidity is exhausted, a single buy order can cause a spike, no way around it RWA frozen chips, the secondary market is the real ATM When the funding rate was extremely negative, I knew something was fishy The "perfect trap" for bears haha, what’s the mindset of those who got cut now From privacy coins to financial infrastructure, DUSK’s logical shift in this wave is quite fierce

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CryptoComedian

· 10h ago

45% of the chips are locked, is this playing hunger marketing? The shorts are directly trapped and laughed at. --- Extreme supply and demand imbalance, in simple terms, is a shortage. When there's a shortage, the price must go up—simple and brutal. --- If you can make money just by looking at on-chain data, then what are my three years of watching K-line charts worth? --- Funding rates are extremely negative and then suddenly surge. This trick is old, but someone always falls for it each time. --- DUSK transformed from a privacy coin to a financial infrastructure. This identity switch is more exciting than my career. --- Laughing while crying, I originally wanted to bottom-fish short positions at extremely negative funding rates, but I was stopped out immediately. --- Hyperstaking locks up 45% of the chips, this is a black hole of liquidity—truly brilliant.

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memecoin_therapy

· 10h ago

Damn, 64% in a day? This market is too thin, no wonder it skyrockets with such low circulation.

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JustHodlIt

· 10h ago

Wow, 45% of the chips are locked? I really understand this liquidity black hole now.

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OnchainUndercover

· 10h ago

Oh brother, this wave of DUSK is really amazing, with 45% of the chips locked in, the market is basically a powder keg. Damn, I was just saying yesterday that it was digested, and now it’s breaking through the resistance level, the bears are going to cry their eyes out. Hyperstaking is a brilliant move, literally draining the liquidity, no wonder even a small buy can push it so aggressively. But honestly, from privacy coins to financial infrastructure, this transition is no joke... on-chain data doesn’t lie. This is true resonance, not something that those who only watch K-line charts can understand.

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