Dogecoin today surged to a profit of 12,000, but this wave of market movement is a bit hard to decipher. Is it truly a reversal of the situation, or just a fleeting rebound?



From a technical perspective, the daily increase isn't small, but whether it can hold this level is the key. Often, such rapid rises are followed by a pullback, especially when the overall market sentiment is still unstable.

The crucial factor is whether the trading volume supports it. If it's just a short-term play based on capital, no matter how strong the rebound, it's pointless. But if genuine liquidity is entering the market, then it's worth paying attention to.

What do you all think? Continue to be optimistic about the future performance, or lock in profits now to avoid risks?
DOGE2.67%
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ForkTonguevip
· 12h ago
1.2万 just rushes to issue? I think this wave is probably a quick shakeout of funds. Without sufficient volume, don't even think about it. --- Standing firm is the real measure; it's still too early to say anything now. --- Honestly, I don't believe in this rebound. With market sentiment so poor, a pullback is inevitable. --- Lock in profits and run, don't be greedy. --- Uh... real liquidity entering the market? I can't see it. It feels like short-term funds are just playing around. --- A large single-day increase doesn't necessarily mean there's hope; the key is whether it can hold up in the follow-up.
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CountdownToBrokevip
· 12h ago
1.2万块就嗨了,我直接笑了,这得亏多少啊哥们儿 --- Rebound, rebound, rebound. Every time I say this, what’s the result? Still getting crushed. --- Trading volume doesn’t cooperate, everything else is just talk. I’ve seen too many fake lines, truly. --- Stand firm? Don’t overthink it, just secure the profits first. --- This is the easiest time to cut the leeks; I choose to wait and see. --- Liquidity enters the market, uh... who would believe that, honestly. --- I stopped listening to the talk about locking in profits a long time ago. If you need to run, just run. --- Every time there's a rally, they say it will reverse. Aren’t there still days when they eat their words? --- It's best if it can hold steady; if not, we just keep buying the dip. --- Honestly, it’s still a gamble on probabilities. I think the odds are a bit uncertain.
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GateUser-83070f95vip
· 12h ago
Incomplete parameters, where is the liquidity? Even if there is some, it's all used for market manipulation.
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LayerZeroHerovip
· 12h ago
1.2 million in profit is indeed attractive, but I'm still a bit hesitant. Such rapid surges are often just traps to lure more in. The trading volume doesn't match up, so I don't believe it. Better to lock in profits first. Dogecoin is easy to get caught in during a rebound; I've already suffered losses from it. The chance of a flash in the pan is higher; I'd rather earn less than be hit by a reverse crash. Friends holding positions should be cautious and not be fooled by this momentum. It really depends on whether it can break through the previous high. If it can't, it's just a false hype, truly.
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