比特财经阿杰
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Dogecoin Whale Game: Can the $0.18 Barrier Be Broken?
Dogecoin (DOGE) price is stuck at $0.18, with bulls and bears engaged in a fierce battle. Buyers are holding the support level, facing rock-solid resistance, and the showdown between whales hoarding and selling becomes crucial. Traders are closely watching: can buying pressure hold, or is the market about to fall? The trend depends entirely on the thickness of the whales' chips.
Whale Operations: Big Players Set the Trend
Last year, three wallets holding over 100,000 DOGE splashed billions, pushing the price to a peak of $0.48. However, the whales' strategy has now shifted, with massive sell-offs disrupting support and hindering the recovery path. New forces, however, have made a strong entrance—when the price dropped to $0.18, wallets holding between 100 million to 1 billion DOGE bought 1 billion coins, trying to stabilize the situation. The number of users is also surging, with addresses jumping from 73 million to 83.5 million after the election, and despite price pressure, an additional 35,000 wallets were created. Although the market is chaotic, confidence remains intact.
Rushing to $0.25? Confidence and Resistance Coexist
On-chain data is impressive, with a new wave of hoarding injecting confidence into the bulls, but the $0.18-$0.20 range is the line of life and death. Recently, DOGE surged to $0.2140 but fell back due to a 20% drop in trading volume, with profit-takers exiting causing the trend to darken. Maintaining crucial support, combined with whales increasing their stakes and new funds pouring in, if buying pressure is strong enough, $0.25 is not out of reach. The bulls are in high spirits, but there are significant resistances; if it can't hold, the bears will prevail. DOGE stands at a crossroads, and confidence will determine the outcome.
#白宫首届加密货币峰会 #非农就业数据来袭 #美国加密战略储备 #特朗普签署行政命令 #doge⚡
Dogecoin (DOGE) price is stuck at $0.18, with bulls and bears engaged in a fierce battle. Buyers are holding the support level, facing rock-solid resistance, and the showdown between whales hoarding and selling becomes crucial. Traders are closely watching: can buying pressure hold, or is the market about to fall? The trend depends entirely on the thickness of the whales' chips.
Whale Operations: Big Players Set the Trend
Last year, three wallets holding over 100,000 DOGE splashed billions, pushing the price to a peak of $0.48. However, the whales' strategy has now shifted, with massive sell-offs disrupting support and hindering the recovery path. New forces, however, have made a strong entrance—when the price dropped to $0.18, wallets holding between 100 million to 1 billion DOGE bought 1 billion coins, trying to stabilize the situation. The number of users is also surging, with addresses jumping from 73 million to 83.5 million after the election, and despite price pressure, an additional 35,000 wallets were created. Although the market is chaotic, confidence remains intact.
Rushing to $0.25? Confidence and Resistance Coexist
On-chain data is impressive, with a new wave of hoarding injecting confidence into the bulls, but the $0.18-$0.20 range is the line of life and death. Recently, DOGE surged to $0.2140 but fell back due to a 20% drop in trading volume, with profit-takers exiting causing the trend to darken. Maintaining crucial support, combined with whales increasing their stakes and new funds pouring in, if buying pressure is strong enough, $0.25 is not out of reach. The bulls are in high spirits, but there are significant resistances; if it can't hold, the bears will prevail. DOGE stands at a crossroads, and confidence will determine the outcome.
#白宫首届加密货币峰会 #非农就业数据来袭 #美国加密战略储备 #特朗普签署行政命令 #doge⚡
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