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#DOGE Puppy puppy, you fly quickly $DOGE
Old K led a long position to ambush a wave on April 20th, truly courageous. Everyone in the square is waiting for you to drop, but Old K is taking positions and entering the market. I believe many bulls are still risking everything.
But honestly, on-chain not large capital outflows, but whales quietly accumulating, withdrawing tokens from exchanges.
The real danger is that the holding volume is approaching the total market value, with bulls and bears squeezed into a tight cluster, funding rates turning from positive to neutral or even negative, and the bullish confidence weakening day by day. The price has been stuck sideways below 0.10 for too long, and every rally gets hammered down.
Old K's rhythm is correct, but now the situation is no longer about whether to follow or not, but the risk of enduring and grinding is more terrifying than a sudden drop. Brothers holding long positions, take profits at the right points and exit, don’t let unrealized gains turn into fuel.