DOGE's recent 20% surge does look quite eye-catching, and many are chasing after it. But I noticed something off when I looked at the chart.

The most obvious issue is: the trading volume has shrunk to only 1.5% of its original. In other words, this rally was basically completed with very little participation. The RSI across different timeframes is indeed in the strong zone, especially the 4-hour chart, which looks particularly aggressive—seems like a breakout is imminent.

But a closer look at the details reveals some clues. The 1-hour MACD histogram is still positive, but the value is pitifully small—only 0.00022. Such a level of momentum supporting this large increase is like trying to hold up a bridge with a chopstick; it just doesn’t seem right. The price is rising, but buying pressure isn’t keeping up. This mismatch often indicates that the rebound’s foundation is unstable.

Experience tells me that when everyone is celebrating the rise, it’s the easiest time to fall into a liquidity trap. This kind of volume-less surge is quite unreliable.

Of course, things could turn around. If the volume picks up and we break through key resistance smoothly, my cautious stance might be proven wrong. But based on the current data in front of me, I prefer to wait.

**Current strategy: Wait and see**. Either wait for the trading volume to genuinely increase, or wait for a more favorable risk-reward opportunity before considering action. A rise without volume is just too untrustworthy.