Musk suddenly 'bows' to Trump, DOGE soars 6%!
In the crypto circle, as long as Musk speaks, Dogecoin starts wagging its tail. This time is no exception - with Elon Musk publicly apologizing to Trump, DOGE surged 6% quickly, rising from $0.1909 to $0.2031, instantly attracting market attention.
But the real question arises: Is this wave of increase due to emotion, or has 'smart money' already laid out?
DOGE price rises again, trading volume surges!
Current Price: Approximately $0.2035
24-hour Increase: +6%
Market Cap: Surpassed $30.39 billion
24-hour Trading Volume: Soared to $1.57 billion
From the data, this wave of DOGE's rise is indeed very hot. But it is not a typical 'retail hype' market, but rather seems to be controlled by 'big players' behind the scenes.
Who is pushing Dogecoin to the sky? Three major behind-the-scenes forces have emerged.
Whale Layout: Large accounts or institutional investors are clearly taking action, with low trading frequency and large amounts, often quietly pushing up prices.
According to the data, there has currently been no sign of a large influx of 'retail investors' in high-frequency trading.
Algorithmic trading trigger: As soon as the news about Musk comes out, automated trading bots quickly identify keywords (such as 'Trump', 'apology'), and then execute large buy orders to boost the price.
Short Covering: Players who shorted DOGE are forced to buy back and close positions after seeing the price rise, further aiding the upward momentum.
Historically, when DOGE skyrockets, it is often accompanied by a frenzy of buying from a large number of 'retail investors', social media enthusiasm, and surging high-frequency trading data. But this time, the 'red retail signal zone' has not yet emerged, indicating that a large number of retail investors have not truly entered the market.
This means: the current upward trend may not have reached its peak yet, and market sentiment is still brewing.
If institutions retreat for short-term arbitrage, the price may also quickly drop back.
At this moment, the market hangs between 'emotion' and 'rationality', entry requires calmness, and layout needs strategy.#DOGE #PEPE #sui #BTC #Home $SUI $BTC $DOGE
