🐶Dogecoin skyrocketing? Hidden risks behind retail investor frenzy, don't get cut!

Dogecoin has been rising for several weeks, stabilizing around $0.22, peaking at $0.24, riding the wave of the overall market. Bitcoin has slightly pulled back, but retail investors' enthusiasm remains high, and market sentiment is quite agitated.

Latest futures data shows that a surge in retail trading often indicates that the peak is near—this is not hype; it's the prelude to being cut! As soon as the red explosive bubble appears, Dogecoin immediately plummets, and the speculative frenzy plays out repeatedly, with the market swinging wildly.

Analysts warn: once retail investors get excited, momentum dries up, and a short-term reversal is imminent! Although there are still signals for a peak from a technical standpoint, no one can resist the curse of retail investors getting cut.

Additionally, some experts boldly predict that if it can stabilize, this asset is expected to soar by 200%! But before that, retail investors should think twice, don't let the heat burn your wallet!

Dogecoin, after the frenzy, are you ready to catch the knife?