#dusk $DUSK

Liquidity traps under high trading volume: The 24-hour trading volume once surged to over $200 million (even surpassing some mainstream coins), but this is often driven by leveraged players and short-term speculative funds. The funding rate is high (previously mentioned to be over 2%), and the chain reaction of long positions being liquidated directly amplifies the decline. Many people chased high around 0.27-0.3 to go long, but the pullback directly broke through the support.

Market linkage + cooling market sentiment: The entire crypto market is under short-term adjustment pressure, and the privacy coin/RWA sector is also experiencing a pullback. DUSK, as a mid to small market cap project, is inherently volatile and can easily be targeted by large funds for liquidation.