The dog chain is locked at 0.1701, the long and short tables are quietly looted - Today's DOGE has become a puppet of the dog dealer!
Tycoon Analyzes the Market:
Long and Short Life Line
Latest price stuck at 0.17010, with 0.17018-0.17022 pressing over 3 million sell orders (gray order area), and 0.17007-0.17009 supporting 1.8 million buy orders (green order area). Commission ratio returning to zero (+0.00%) exposes a temporary truce between long and short, but in reality, currents are surging.
MACD Hides Danger
Histogram -0.00200 (value below zero), fast and slow lines are below the zero axis with a death cross - Technical translation: Bearish control but no killing blow. Compared to June's explosive long阳 (June 11-15 in the chart), current volume has shrunk over 40%, like a chicken with its neck grasped.
Monthly Line Code Deciphered
Ironclad evidence in the chart: June's low of 0.16500 was the starting point for the market explosion triggered by Musk's dog picture on June 3. Meanwhile, the high of 0.20657 has a mountain of trapped positions (accounting for 37% of the circulating supply), and every rebound has become a window for escape.
News Supplement:
BlackRock IBIT Suspends Subscription:
Bitcoin ETF runs out of fuel, altcoins bleed collectively. The DOGE/BTC trading pair drops to 0.0000049 (annual low), the dog chain is tied to the big coin's belt!
Musk's SpaceX Starlink Project Delayed: DOGE payment concept hit hard, the community's hype around 'moon dog' is completely cooled off.
Whale Address Movement: A giant holding 120 million DOGE broke down the order towards 0.17018 this morning, precisely testing the pressure point before withdrawing the order - a typical signal from dog dealers!
Today's Life or Death Gate: Whether it can hold the 0.16500 monthly life line will determine if the dog market is 'consolidating' or 'counting down to collapse'. Beware of the European institution rebalancing period at 22:00 Beijing time!
The sell wall at 0.17018 in the chart is collapsing! The main force's trial marks are exposed - Tonight the group will reveal the escape route of the dog dealer! If you want to delve into the crypto world but can't find a clue, and want to quickly understand the information gap, click on my avatar to follow me for firsthand information and in-depth analysis!