Brothers, today Morning Brother brings you the market situation of Dogecoin. There are quite a few noteworthy points in both the technical and funding aspects, so let's have a brief chat.

First, looking at the technical aspect, the daily chart is quite clear: the lows are gradually rising, forming an ascending triangle, and it also overlaps with a double bottom pattern. The key level is at $0.25; if it breaks out with volume, the bullish trend will stabilize, and the price increase could be significant. In terms of indicators, the MACD is below the zero line but the bars are getting shorter, indicating that the bears are losing strength; the RSI is 45.59, which is not strong, but the CMF is 0.16, a positive number, suggesting that money is flowing in, giving buyers a slight advantage.

The funding aspect is also interesting. At the beginning of August, a whale bought 230 million DOGE in one day, which is about $50.6 million, directly pulling the price from $0.20 to $0.22. Such operations have often indicated a short-term rise in the past. On the institutional side, Bit Origin on Nasdaq holds 70.54 million DOGE with an average cost of $0.2268, clearly positioning for a dip.

Looking at the market sentiment, the Fear and Greed Index is at 59, neutral, not panic, but the 24-hour trading volume has increased by 14.21%, reaching $5.03 billion, with bulls and bears arguing fiercely.

Finally, let’s talk about Morning Brother's operating guide: it is recommended to go long. Enter around $0.2285, with a target of $0.2331-$0.2375, and make sure to set a stop loss; don't be careless. After all, the volatility is not small, so managing your position is the most practical. #doge