#以太坊大户持仓变化 Dogecoin's recent rebound is quite interesting. The initial drop was really frightening, with selling pressure coming wave after wave. However, the past few days have seen a good rally, with the highest surge reaching 32%. It has now started to retrace.

The key issue is the 0.165 level. It was a resistance two months ago, and can it break through again this time? Based on the current momentum, it's not entirely impossible, but the prerequisite is to stabilize above this level. Otherwise, the trend will continue downward.

Many people are asking how much trapped volume there is above. This is the difference between Dogecoin and regular altcoins. Its popularity is evident, and the appeal is just different. The distribution of holdings is much more concentrated. Plus, the number of people caught in losses is on a completely different level, creating enormous pressure during the rebound— the more well-known the coin, the harder it is to rebound because the forces of new buyers and those trying to cut losses are constantly opposing each other.

To put it simply, it still depends on how the mainstream coins move. $BTC $ETH Once they lead the way upward, Dogecoin will have a real chance to break through those resistance levels. Right now, it's just a waiting game.