Recently, the cryptocurrency market has welcomed a new wave of excitement, especially with DOGE becoming the focus of investors' attention. With the progress of related ETF applications, market sentiment has noticeably heated up, and the price of DOGE has seen a significant increase.

This phenomenon has sparked discussions about the entire Meme coin market. Some analysts believe that a large influx of institutional funds could drive up the entire Meme coin sector. However, there are also experts warning investors to remain cautious and not to blindly chase highs.

From market data, the price of DOGE has recently increased by about 8%, and the open interest in derivatives has reached a scale of 3.35 billion USD. This indicates that market participants are actively positioning themselves in preparation for a possible surge in prices. However, the market is still in the speculation phase, and volatility may be significant.

For investment strategies, industry insiders suggest adopting the method of "buy the expectation, sell the fact." Referencing the market reaction to similar past events, such as a 30% increase in SOL before the Solana ETF launch, DOGE may exhibit a similar performance. However, it is important to note that the real key moment is September 9, the official launch date of the ETF.

In the short term, investors can pay attention to the following important price points:
- Support level: 0.20 USD
- Resistance Level: 0.245 USD
- Key level: $0.235

For specific operations, some traders suggest gradually building a position around $0.22, but the position should not be too heavy, and a stop-loss point should be set at $0.21. If the price breaks through $0.245, consider moderately increasing the position during a pullback.

Overall, although the market outlook seems optimistic, investors still need to remain rational, manage risks properly, and avoid potential losses from excessive speculation.