A dormant 'whale' of Dogecoin transferred 312,375,048 DOGE valued at over $60 million to Coinbase in three transactions. This $60 million century transfer is creating the craziest short-squeeze in cryptocurrency history—are whales surrendering and fleeing, or is there a hidden signal for a stunning bottom? Sell-off warning signal.
This dormant wallet has held DOGE since 2021 and chose to liquidate when the price fell below $0.2 (near the year's low), possibly indicating that large holders lack confidence in the subsequent rebound. On-chain data shows that institutional addresses have been accumulating at lower prices during the same period. Some analysts believe that whales may have completed the handover through OTC transactions rather than direct sales. It is necessary to pay attention to changes in Coinbase's DOGE reserves: if not significantly increased, it may indicate wash trading or collateral lending activities.
Bull-bear contest.
Short-term conflicting signals.
Bullish factors: 4-hour MACD golden cross + daily RSI 39 (oversold range), combined with a descending wedge pattern, theoretically has a rebound space of 15%-20%.
Bearish factors: 30-day moving average crossing below the 200-day moving average forms a 'death cross', weekly trading volume continues to shrink, indicating insufficient participation from major funds.
Key price range.
Support level: $0.185 (January 2024 low) → Breaking may drop to $0.15 Resistance level: $0.215 (previous oscillation platform) → After breaking, may test $0.25.
MEME coin world war! DOGE is in danger.
SHIB army pressing in: After the DAO launch, SHIB's on-chain trading volume surged 40%, and DOGE funds suffered a severe bloodletting!
New king rising? PEPE, WIF, FARTCOIN and other 'underdog armies' are crazily sucking blood, retail funds are collectively abandoning ship!
Musk's lifeline: DOGE's official Twitter suddenly posted a mysterious tweet 'Sup chat', is it a smokescreen or a nuclear-level favorable news?
Dogecoin price increase catalysts
Musk interaction: If DOGE-related content is posted on the X platform, historical data shows an average instant increase of 8%-12%.
ETF progress: If the 21Shares application enters substantive review, it may replicate the hype logic before the Bitcoin ETF approval.
Community fervor building: The number of DOGE holders has surpassed 5 million, believers vow to defend the '1 dollar dream' to the death!
Ultimate prediction: Is DOGE bottoming out or fleeing?
Short-term (1-4 weeks): Oversold rebound to $0.22-$0.25, but if it falls below $0.18, it will plunge into a bottomless abyss!
Mid-term (Q3): If Bitcoin stabilizes, with the resonance of Musk + ETF favorable news, DOGE may hit $0.5-$0.7!
Long-term (2025-2030): $1 is just the starting point; die-hard believers firmly believe DOGE will break through $10, achieving an immortal legend of MEME coins!
Warning: High volatility death game, how do retail investors survive?
Conservative: Wait for a breakthrough at $0.215 to enter, must stop loss if it falls below $0.18!
Aggressive: DCA at the current price, target $0.25, but be prepared for zero!
Gambler: Leverage ALL IN, either get rich or face liquidation!
DOGE is at a life-and-death turning point, with whale movements + technicals + market sentiment resonating, an epic surge or crash is about to unfold! Do you dare to bet?
