[Crypto World] Dogecoin recently broke through the $0.1505 mark, and trading volume exploded, hitting the highest level in weeks.
Interestingly, the whales have been less active this time; this round of gains is mainly being pushed by retail investors. On the US spot ETF side, funds have been flowing in continuously, with a total of $2.85 million accumulated so far—this support is indeed quite strong.
From a technical perspective, each low is higher than the previous one, and the upward channel has already formed. Some analysts are watching the TD Sequential indicator, noting that a new buy signal has just appeared on the weekly chart—if the signal holds, a few more weeks of gains could be ahead.
That being said, all indicators are still in the fermentation stage. The trend is definitely forming, but how far it will go remains to be seen.
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¯\_(ツ)_/¯
· 46m ago
Retail investors are really waking up; even whales are stepping aside.
ETFs keep absorbing funds, this time it's getting interesting.
$2.85 million continuously flowing in, that's some real strength.
Just not sure how long this can soar, let's wait and see.
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RektRecorder
· 12-04 05:10
Retail investors are united this time; it's really different.
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blocksnark
· 12-04 05:09
Retail investors are really going hard this round. If 0.1505 is broken, it’ll just take off.
But I still need to see how long this can hold.
It’s interesting that the whales haven’t made a move; it feels like it’s mainly the ETF propping things up.
Not sure if that TD signal is reliable—let’s observe for two more weeks before making a judgment.
This rhythm is very similar to the previous rebound cycles. Hopefully it’s not just a flash in the pan this time.
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CounterIndicator
· 12-04 05:08
Retail investors picking up the slack this time is kind of interesting, but I'm still a bit nervous since the whales have all left.
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ETF is a blood-sucking machine, and you think you can crash the market with just 2.85 million? I don't think so.
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Another TD buy signal—was the last signal effective, everyone?
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Each low is higher than the last? Let's see if it can hold 0.15 first.
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US spot ETFs are pouring in crazily, isn't this just setting a trap for retail investors?
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Weekly buy signal is here again; how many weeks can it pump this time? Or will it just go back to zero as usual?
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Volume is exploding but whales are silent. This signal feels a bit fishy.
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If you ask me, wait until all the indicators really play out before jumping in. Getting in now is just catching the falling knife.
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PensionDestroyer
· 12-04 04:50
Retail investors are finally holding their heads high; even the whales have to step aside.
2.85 million inflow, is that it? I have to say, that's professional—this is the real awakening of grassroots power.
TD Sequential again, and weekly buy signals—just watching.
Can Dogecoin return to its former craze? Honestly, it's a bit doubtful.
This time it's not the whales harvesting retail investors; I find that interesting.
Dogecoin breaks through key level as retail investors drive the rally and ETF funds continue to flow in
[Crypto World] Dogecoin recently broke through the $0.1505 mark, and trading volume exploded, hitting the highest level in weeks.
Interestingly, the whales have been less active this time; this round of gains is mainly being pushed by retail investors. On the US spot ETF side, funds have been flowing in continuously, with a total of $2.85 million accumulated so far—this support is indeed quite strong.
From a technical perspective, each low is higher than the previous one, and the upward channel has already formed. Some analysts are watching the TD Sequential indicator, noting that a new buy signal has just appeared on the weekly chart—if the signal holds, a few more weeks of gains could be ahead.
That being said, all indicators are still in the fermentation stage. The trend is definitely forming, but how far it will go remains to be seen.