DCR's current market rally is indeed fierce, surging by 23% in one go. On the surface, it seems like speculation, but if you dig deeper, you'll find that this isn't unfounded.

Let's start with the fundamentals. Recently, all proposals have been passed unanimously. This adjustment is particularly interesting — the treasury expenditure has been increased from the previous ratio to 4%, but miner rewards have been reduced. The implicit message is clear: less issuance of coins, and more resources are being invested into ecosystem development. For the coin price, this is a solid positive.

Looking at the capital side, from the low of $21.3 to $21.4, a wave of large orders has appeared one after another, with each order exceeding 60,000 USDT. This approach clearly indicates institutional tactics — quietly accumulating at the bottom, silently laying out positions. Such actions show confidence in the future price increase.

The technical aspect also supports this judgment. Currently, buyers have completely taken control of the rhythm, market sentiment is high, and short-term momentum is still present.

Putting these three pieces together, the story becomes: institutions have accumulated enough at the bottom, policy benefits have been implemented, and now it’s just a matter of how the subsequent development unfolds. The probability of a new round of rally is indeed quite high.