$DOGE or 0.07—this wall is being ground under, 0.0696. By the end of the day it basically hasn’t moved. The script hasn’t changed at all.
The plaza is still blowing it up aggressively—sentiment is at seven and a half points. In a day there are over two hundred “bulls-to-watch,” and the shouts of breaking through are louder than anyone else’s. But if you split open the money, the spot market net outflow again after three hours: over six hundred million. None of the twelve columns is positive. Big orders are also net selling. Passive selling is pinning down active buying, and the sell-side orders in the order book are still thick.
The trading volume is really beyond saving. Spot moves over ten million USDT in a day, but that poor trading volume… Fees even flipped negative. For the group that borrowed money, half of them ran within 12 hours—who would be willing to take it at this position?
On the futures side, though, there are people抢ing. In seven hours, the taker buy amount is up 90%. Whale accounts are shouting to add more, but their positions over seven hours are actually being reduced. They say they’re buying, but what they’re doing is selling with their hands. What kind of “longs” is that?
At this level, you can’t move the price just by blowing on the plaza. If 0.07 can’t be passed, then it’s grind. If it actually breaks down, it’ll be straightforward. I don’t have the nerve to chase longs—I’ll wait until real capital comes back.
#doge $DOGE
The plaza is still blowing it up aggressively—sentiment is at seven and a half points. In a day there are over two hundred “bulls-to-watch,” and the shouts of breaking through are louder than anyone else’s. But if you split open the money, the spot market net outflow again after three hours: over six hundred million. None of the twelve columns is positive. Big orders are also net selling. Passive selling is pinning down active buying, and the sell-side orders in the order book are still thick.
The trading volume is really beyond saving. Spot moves over ten million USDT in a day, but that poor trading volume… Fees even flipped negative. For the group that borrowed money, half of them ran within 12 hours—who would be willing to take it at this position?
On the futures side, though, there are people抢ing. In seven hours, the taker buy amount is up 90%. Whale accounts are shouting to add more, but their positions over seven hours are actually being reduced. They say they’re buying, but what they’re doing is selling with their hands. What kind of “longs” is that?
At this level, you can’t move the price just by blowing on the plaza. If 0.07 can’t be passed, then it’s grind. If it actually breaks down, it’ll be straightforward. I don’t have the nerve to chase longs—I’ll wait until real capital comes back.
#doge $DOGE