#大户持仓动态 Dogecoin was once a darling of internet culture, riding the wave of meme hype to great popularity. But what happens after the hype fades? As momentum wanes and there’s no fundamental support, the price starts to falter. Repeated declines scare off speculators, and market funds change their preferences — shifting towards truly valuable crypto assets.

However, something interesting has happened recently. DOGE has just completed a liquidity washout, clearing out those weak hands holding onto it stubbornly. The long-term downtrend has also come to a halt. The price has now stabilized at a key support level. As long as this trend doesn’t reverse, there’s a possibility of a rebound — and the next resistance level will gradually come into view.

In the short term, the market might give investors a breather, allowing for a cautious correction and re-entry. Moments like these often test investors’ patience and judgment the most.