DOGS Evening Analysis Approach:


1: From the DOGS hourly chart, the price surged to 0.000077 and quickly formed a long upper shadow, indicating that there is very concentrated selling pressure above this level, and capital absorption is clearly insufficient.
2: Combining on-chain data, recent funds have shown continuous outflows, suggesting that the main players and some large investors inside the market have already begun to gradually withdraw their positions, rather than continue to add positions to push the market higher.
Brother Dong's judgment is that the major players and large investors have most likely completed their phased profit-taking, and the market lacks new incremental funds to follow in the short term. The subsequent trend is more inclined to oscillate weakly or even retrace. For retail investors, this position is not suitable for blindly chasing highs, and they should be more alert to being driven by emotions into entering and taking over. #美国寻求战略比特币储备
DOGS71.26%
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