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Today is the 516th day of my dynamic posting, without a single day missed. Each post is not done half-heartedly, but is carefully prepared. [微笑] If you think I am a serious person, you can follow me, and I hope the content every day can help you. The world is big, and I am small, so please follow me to avoid difficulties in finding. [微笑][微笑]
In the past two weeks, whale addresses holding 100 million to 1 billion DOGE have suddenly increased their positions, accumulating an additional 4.72 billion Dogecoin, with total holdings surging from 27.6 billion to 32.4 billion coins. Surprisingly, despite such a large-scale accumulation, the price of Dogecoin remains stable, fluctuating narrowly around $0.16, a phenomenon of "increased volume with stable price" that has attracted significant market attention. The accumulation of 4.7 billion DOGE by whales is by no means accidental. Combined with the RSI breakout, historical support at the bottom, the reappearance of cyclical patterns, and ETF catalysts, Dogecoin is constructing a rare bullish resonance. The longer it consolidates, the more intense the subsequent fluctuations may be. Hold onto your Dogecoin tightly, folks.
The big cake has actually only dropped 14,000 points in total, which is a very normal decline. Currently, the drop is very slow, market sentiment is stable, and there has been no panic selling like on October 11th. The selling pressure is stable, and it falls within a healthy correction range, far from the state that some analysts claim to create anxiety about entering a bear market. A market that has both rises and corrections is a very healthy trend, so it should be viewed normally.