Dogecoin is experiencing a dramatic contrast: whales are frantically accumulating, while technical indicators are repeatedly sounding alarms, leaving retail investors at a crossroads, caught in a dilemma.

Buy the dip! In the past few days, large holders of DOGE have put this concept into practice with their actions. Data shows that whales holding over a million coins decisively bought when prices pulled back, netting over 50 million DOGE, spending 12.5 million dollars in real money.

Meanwhile, technical indicators have lit up with red lights—the Money Flow Index (MFI) has soared to 83, far exceeding the overbought warning line of 70, indicating that the risk of a short-term pullback has sharply increased.

This game of major players vs. indicators singing bearish has pushed retail investors to a crossroads of whether to hold on or wait.

Whale movements: counter-cyclical layout, buying more as prices fall.

Despite short-term fluctuations in the market, whale players have shown determination to layout against the trend. On-chain data shows that wallets holding 100 million to 1 billion DOGE have recently accumulated **2 billion** DOGE, valued at approximately $500 million.

From September 13 to 15, large investors increased their holdings by $140 million worth of 540 million DOGE. Medium-sized investors holding 10 million to 100 million DOGE also increased their holdings by 350 million, valued at $91 million.

These whales are not only buying heavily but also selling little - in the past month, the selling volume is less than 0.3% of their holdings. Some top investors even gobbled up 80% of the selling pressure in the market when the price dropped to $0.248, providing strong support for the market.



Practical advice:

For investors who want to follow the big players, it is recommended to allocate at most 10% of the total funds to build positions in batches and be mentally prepared for short-term pullbacks. Set stop-loss below $0.255 to effectively control risks.

For investors waiting for a pullback, it is recommended to closely monitor the $0.255-$0.257 range. If the price falls back to this area and the money flow index returns to normal levels, consider entering in batches.

If you're unsure about the specific entry point, you can follow Old Zhao for more specific analysis.

The big show of DOGE has just begun. Whales are frantically hoarding around $0.25, while technical indicators are suggesting short-term overbought risks.

Short-term fluctuations are inevitable, but in the long run, the approval expectations for ETFs and institutional adoption may be the key forces determining DOGE's ultimate direction.

In the cryptocurrency world, those who make money are always the ones who can hold on, not the ones who chase too eagerly - manage your positions well, set stop losses, and leave the rest to time.$DOGE