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This wave of $DOGE #Aave起诉要求解冻7300万美元ETH rally, the driving force is not Musk, but silent whales and institutional funds.
On-chain data shows that top addresses holding over 100 million coins have been quietly accumulating, and their holdings have long reached a record high. ETFs have also ended their wait-and-see period, and funds are starting to flow back in to absorb. Bitcoin staying above 80k has boosted market sentiment, and institutional investors' risk appetite for high-volatility meme coins has naturally increased, with DOGE becoming the first choice as the leader.
What you see as retail chasing the rally is just the result. The truth is that whales first fill their bottom positions, then ignite the market with emotion. Signal calls are just a disguise for market manipulation.
Next, watch two levels: support at 0.108-0.11, which is the whales' cost basis, and as long as it doesn't break the trend, it's not bad; resistance at 0.113-0.115, a break above which could lead to 0.12.