Whales secretly accumulate 120 million $DOGE! Musk is silent, where is the 'Painting Door Trap' of the Doge organization?
The Doge organization’s painting door, retail investors filling the pit—DOGE is playing dead with reduced volume on the hourly level, hovering around 0.19 as a battleground for bulls and bears!
1. News aspect: Musk is hiding, whales are hedging!
Today, Musk continues to play dead on Twitter, and without the 'master's call', DOGE's price is stuck around 0.193. However, on-chain data reveals a big scoop—a certain whale swept up 120 million DOGE in the early morning, with a cost basis at 0.185, then placed a sell order for 80 million at 0.195. On the surface, everything seems calm, but the Doge organization has long set up a 'double kill' situation, just waiting for retail investors to follow the trend and face liquidation!
2. Technical aspect: Three indicators are collectively playing dead!
1. MACD: Lying dead below the zero axis, both bulls and bears are playing dead, DIFF (-0.00061) and DEA (-0.00062) are stuck below the zero axis, and the MACD bar (0.043) is as thin as a mosquito's leg. This indicates that both sides have completely flattened out, and the Doge organization has even saved the effort to draw K-lines. Remember the mantra: "MACD sticking to the zero axis, sideways grinding bald."
2. Moving average system: MA5 is being rubbed down by MA10, with MA5 (148 million) trading volume being outpaced by MA10 (193 million) by three blocks, indicating that the selling pressure in the past 10 hours has been harsher than in the last 5 hours. Even more painful is that the actual trading volume is only 20.15 million, which is not even enough for the Doge organization's tip—this market is energy-draining on the upswing and money-losing on the downswing, only able to play the 'painting door' to annoy people.
3. Trading volume: Shrinkage of 86%, the Doge organization is waiting for retail investors to cut losses, with an actual trading volume of 20.15 million, nearly 86% less than the estimated 142 million, down to a hair compared to last week. But the whale's buy order of 120 million is placed at 0.185, clearly waiting for retail investors to cut losses before buying the dip.
Remember! Extreme shrinkage means either becoming rich or going to zero. I am Tang Seng, supported by a top team, serving only those with ambition and vision!