The current trend of $DOGE is a typical oscillation accumulation phase. Although the bulls have the advantage, the volume has not followed. The 0.21 level is strongly resisted; if it cannot break through with volume, it is likely to retest the 0.19 range. My personal view is not to rush to chase highs.
A rise on low volume is a trick. Although the MACD has a golden cross, the bars have not expanded, and the RSI is stuck in the middle without moving up or down. It is easy to be washed out by the main force when entering at this time.
However, the probability of the Federal Reserve lowering interest rates in July is low, with at most two cuts of 25 basis points within the year. Market funds remain tight, with leveraged liquidations exceeding 180 million dollars in 24 hours. DOGE needs Bitcoin to hold steady at 120,000; otherwise, it will continue to oscillate.
The probability of SOL's ETF approval has soared to 99%. Bloomberg has also entered the fray. Initially, this could attract 3-5 billion dollars in funds. However, DOGE's annual supply pressure of 5 billion is considerable, and without new funds, it is difficult to break through 0.25.
The European Central Bank kept interest rates unchanged in July and may lower rates in September in response to Trump's 30% tariff threat. New regulations for stablecoins in the UK will take effect in 2026, and small to medium projects will face a reshuffle.
Currently, DOGE is stuck at the resistance level of 0.21, and volume is key. Without volume, don't force a breakout; it is easy to have a false breakout. The overall capital in the cryptocurrency space is insufficient now, but institutions are quietly laying out their plans. Coinbase's stock price just touched 199 dollars, indicating that large funds are moving.
Bitcoin's spot ETF has seen a net inflow of 180 million dollars, but it cannot withstand the overall outflow of market funds. DOGE needs to wait for SOL's ETF approval to bring a wave of altcoin market; otherwise, it will just be a range-bound time-wasting.
The market changes every day. Choice is greater than effort; the top teams behind only serve those with ambition. For those who want to get on board, come on!