Just as global investors were sound asleep, Dogecoin (DOGE) suddenly staged a "midnight fright surge"! Stimulated by super-positive news from the China-U.S. trade negotiations, this "king of meme coins" violently soared 6% in a single day, breaking through the $0.17 threshold like a rocket! Even more suffocating is that the technical chart reveals a "golden descending wedge", with positions piling up wildly, and short sellers facing a bloody massacre—analysts scream: "$0.20 is simply unstoppable, an epic breakthrough is coming this week!"
1. Technical Nuclear Explosion: The mysterious "wedge" is about to ignite, with MACD issuing a "cosmic level buy signal"!
On the 4-hour chart, a "descending wedge" that has been lurking for two weeks is issuing a death countdown! This "devil trend line", extending since April 2022, is currently being bombarded by bulls with laser cannons. What's even scarier is:
2. Geopolitical Storm: China-U.S.-Switzerland Negotiations Become Dogecoin's "Invisible Engine"!
This weekend, China and the U.S. will engage in "century trade negotiations" in Switzerland, instantly heating up the global market! It's important to know:
Tariff Powder Keg May Be Dismantled: If negotiations succeed, U.S. stocks will welcome nuclear-level positive news, and Dogecoin, as a "risk sentiment thermometer", will surely soar to the skies first!
FOMC Meeting Holds Secrets: If the Federal Reserve pauses interest rate hikes on May 7, trillions of hot money will surge into the cryptocurrency market like a tsunami—Dogecoin has always been the "vanguard of wild market trends"!
3. Capital Giant Takes Action: $6.9 Million Mysterious Funds Raids "DogeOS"!
Last night, Polychain Capital suddenly injected $6.9 million of "heavy ammunition" into the Dogecoin ecological project DogeOS! History often repeats itself:
2021 Script Reenactment?Back then, a single tweet from Musk triggered an 800% surge in Dogecoin. Now, with institutions entering the market with real money, the price increase may rewrite history!
"Financing Effect" Curse Reappears: Every time Dogecoin receives significant financing, the price inevitably experiences a "vertical launch". This time, $0.20 is just the minimum consumption!
4. Bloodbath for Shorts: 1.69 billion open contracts become a "time bomb", with $10.96 million liquidation imminent!
The derivatives market is staging a "doomsday escape":
Emergency Alert: According to on-chain data, a mysterious whale is continuously buying DOGE through Binance, with a single transaction volume as high as 30 million coins—this is very likely a precursor to a "rising action"!
