#DOGE ETF上市# #Gate广场创作点亮中秋#

Wall Street is finally set to welcome the first ETF that specifically tracks the performance of Dogecoin — REX-Osprey DOGE ETF (DOJE). This marks the first time in history that a memecoin has been officially packaged and listed as an ETF, breaking traditional financial norms.
Analyst Nate Geraci predicts that the crypto ETF market may enter a "crazy mode" in the coming months, with DOGE as the first to launch, keeping its popularity naturally high. 📈
Data from Polymarket shows that investors are very confident about the approval of the ETF, expecting a 91% chance of approval by the end of the year! This means that if all goes well, the price of DOGE may experience a strong surge.
If you think the launch of the ETF is exciting enough, then you're mistaken. Traders have already started keeping a close eye on leveraged positions and liquidation points.
Alphractal CEO Joao Wedson reminds everyone: "Don't easily short Dogecoin!" The activity of high-frequency trading robots and market makers may trigger a chain liquidation with slight price fluctuations. According to the latest data, the long and short positions of DOGE are most concentrated in the $0.22–0.26 range, which means that even a small fluctuation in the coming days could lead to a rapid price surge or drop—it's completely a short-term showdown between the bulls and bears.

The price of DOGE has recently climbed from the $0.21 area, and although there have been slight pullbacks during the rise, the overall trend remains bullish.
On the technical side:
RSI: memecoin
Approaching overbought, but there is still room for short-term growth. OBV (On-Balance Volume): Slightly rising, buyer participation is active, and market interest is strong. In other words, the trend is bullish, but there may be a slight consolidation in the short term as we wait for the next catalyst to arrive!
What do we need to pay attention to in our operations?
Increased volatility: The launch of ETFs and a high-leverage environment mean that prices may fluctuate significantly. Key support zone: $0.22–$0.26 is the core area of the bull-bear contest.
Short-term strategy: Short-term traders should pay attention to liquidation points and minor pullbacks, and long positions need to be managed cautiously.
Long-term trend: The launch of the ETF is a positive catalyst, and the overall trend is leaning towards an upward movement.

In short, DOGE is preparing for a wild market. Whether you are a short-term trader or a long-term holder, now is a crucial time to stay alert and keep an eye on price fluctuations.🐕🔥