Dash (DASH) has surged 30% in the last 24 hours, hitting a yearly high of $62, fueled by significant derivatives inflows. Open interest in Dash derivatives has increased by 55% to $45.65 million, indicating heightened trading activity and investor interest. Despite the bullish momentum, $4.32 million in spot outflows suggest some investors are taking profits, which could trigger a short-term correction if this trend continues. Technical indicators, including a Cup and Handle pattern and a MACD Golden Cross, point to potential further gains for Dash.