Do you remember 2021? A single word from Elon Musk sent DOGE soaring from a few cents to 7 cents. Years later, the same story is playing out again, but the market has long since changed its temper — it's no longer so easy to buy into a simple narrative.
The current market is presenting a subtle "differentiation." On the technical side, the MACD has a golden cross, but the moving averages are still wavering; big players are calling for increased positions, only to quietly offload near $0.15; retail investors are shouting about a super cycle, yet trading volume is shrinking. All these contradictory signals point to the same conclusion: the market is no longer crazy for a single story but is waiting for a real turning point to appear.
Careful observation reveals that both opportunities and risks are hidden in the details.
**Technical indicators are showing signs of overheating**. The 6-hour RSI has surged to 76, a clear overbought signal, with significant resistance at the $0.15 level. **On-chain chip battles are even more interesting**. Data shows that some whales are suffering losses of over $17 million but are still resisting, while continuous funds are flowing into the $0.12 to $0.14 range for accumulation — clearly, the main players are shaking out weak hands and changing hands. **Macroeconomic constraints cannot be ignored**. Currently, the market's focus is on non-farm payroll data and the Fed's interest rate cut expectations. Once liquidity shifts in the US stock market, high-risk assets like DOGE will be the first to be hit.
So, what’s the current trading strategy?
If you haven't entered yet, don’t rush to chase. The price is approaching resistance, so it’s better to wait patiently for a pullback near $0.12. If you already hold a position, keep a close eye on the $0.13 support; if it breaks, be prepared for a deeper correction. Ultimately, the goal of the big players has never been to make everyone money — your job is to quietly accumulate chips when no one is paying attention, and stay clear-headed when the market is noisy.
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ChainDetective
· 01-11 21:27
Big whales are selling off while retail investors are still shouting about a super cycle. This show has to be played out every year.
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FundingMartyr
· 01-11 14:57
The 2021 surge was truly crazy. Now the market feels a bit awkward. Where's the promised super cycle?
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Big players offloading while retail investors are still shouting. Are you tired of this routine?
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0.15 really acts as a strong resistance. It feels like it's about to break.
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I'll buy again when it retraces to 0.12. Chasing high now just gets you cut.
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Whales losing 17 million but still holding on stubbornly. I really can't learn this mindset.
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The Federal Reserve is about to act. Coins like DOGE will definitely be the first to get hammered. Can't escape it.
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Basically, it's a shakeout. The main players are accumulating chips at low levels, while retail investors still think it's good news.
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Macro factors are the real killers. All those technical tricks are useless.
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Breaking 0.13 support is dangerous. The pullback might be deeper than expected.
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digital_archaeologist
· 01-11 14:56
Here we go again, the story of 2021 repeats itself but without that craziness... Honestly, the current market situation is really tough to watch.
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FortuneTeller42
· 01-11 14:56
The wave in 2021 really won't come back. Now it's all about schemes that are hard to distinguish between real and fake.
It seems like the analysis is quite detailed, but I think this round of DOGE is just repeated manipulation, not that many stories.
Wait, do those whales who lost 17 million and are still holding really exist, or is it just another story being fabricated?
Honestly, this kind of technical analysis is everywhere now. If you really want to make money, you have to rely on information advantage.
Waiting for an opportunity at 0.12? You might get caught again if you turn around, haha.
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FOMOmonster
· 01-11 14:49
That wave in 2021 was really crazy. Now it’s long gone, the big players are having fun, and retail investors are still dreaming.
View OriginalReply0
ruggedNotShrugged
· 01-11 14:41
The 2021 wave of FOMO really won't come back, how smart do you need to be now to avoid getting cut?
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RSI is already at 76 and you're still daring to chase, aren't you asking for death?
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Big players offloading while retail traders shout about a super cycle, I've seen this script too many times.
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Waiting for the 0.12 opportunity, greed is not allowed.
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When non-farm data has issues, DOGE is the first to be hammered, this risk can't be held at all.
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Basically, the main force is shaking out and changing hands, and the retail investors are still dreaming.
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The 0.15 resistance is so strong yet it hasn't broken down, it feels like a deep retracement is coming.
Do you remember 2021? A single word from Elon Musk sent DOGE soaring from a few cents to 7 cents. Years later, the same story is playing out again, but the market has long since changed its temper — it's no longer so easy to buy into a simple narrative.
$DOGE $Solana
The current market is presenting a subtle "differentiation." On the technical side, the MACD has a golden cross, but the moving averages are still wavering; big players are calling for increased positions, only to quietly offload near $0.15; retail investors are shouting about a super cycle, yet trading volume is shrinking. All these contradictory signals point to the same conclusion: the market is no longer crazy for a single story but is waiting for a real turning point to appear.
Careful observation reveals that both opportunities and risks are hidden in the details.
**Technical indicators are showing signs of overheating**. The 6-hour RSI has surged to 76, a clear overbought signal, with significant resistance at the $0.15 level. **On-chain chip battles are even more interesting**. Data shows that some whales are suffering losses of over $17 million but are still resisting, while continuous funds are flowing into the $0.12 to $0.14 range for accumulation — clearly, the main players are shaking out weak hands and changing hands. **Macroeconomic constraints cannot be ignored**. Currently, the market's focus is on non-farm payroll data and the Fed's interest rate cut expectations. Once liquidity shifts in the US stock market, high-risk assets like DOGE will be the first to be hit.
So, what’s the current trading strategy?
If you haven't entered yet, don’t rush to chase. The price is approaching resistance, so it’s better to wait patiently for a pullback near $0.12. If you already hold a position, keep a close eye on the $0.13 support; if it breaks, be prepared for a deeper correction. Ultimately, the goal of the big players has never been to make everyone money — your job is to quietly accumulate chips when no one is paying attention, and stay clear-headed when the market is noisy.