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If you don’t know what to do in the bull market, you are welcome to scan the code to join the group for free. The spot code and layout strategy of the bull market can be shared for free. Welcome to private message me to join us Penguin number can be added: 3838974575 Dogecoin (DOGE) saw a sudden surge in trading volume on Tuesday, but its price performance was relatively muted. According to the latest data from CoinMarketCap, DOGE’s trading volume increased by more than 60% in the past 24 hours, with the total transaction volume exceeding US$2 billion. However, as of press time, DOGE is quoted at approximately US$0.21, with a daily decrease of 0.18% and a cumulative decline of 12% this month.  Trading volume explodes and prices stagnate This surge in trading volume shows that market participation has increased significantly, and both retail investors and giant whales are becoming active in the market again. Historical data shows that October has always been the most impressive period for DOGE - from 2021 to 2024, its monthly increase ranged from 30% to 101%. As a result, some traders remain optimistic that the month could end on a positive note. The giant whale wakes up, and huge transfers appear frequently on the chain On-chain tracking data shows that many large Dogecoin transfers are related to changes in exchange liquidity. A long-dormant whale wallet holding 36 seed addresses became active again and transferred approximately $26.8 million in DOGE to Binance. At the same time, another 15.115 million DOGE (approximately US$2.95 million) was transferred out of the exchange； There was also a dormant wallet that transferred 15 million DOGE (approximately $3 million) out of Binance. These operations have attracted widespread attention in the market, because huge transfers usually change the distribution of market liquidity and affect the rhythm of short-term fluctuations.  Macro environment and market atmosphere The overall market sentiment is still swinging. The price of Bitcoin is approaching US$115,000, and Ethereum is stable around US$4,200. The strong trend of mainstream coins has caused some traders to rotate funds to small and medium-sized coins. However, sentiment indicators show that the current market fear and greed index is 50, which is in the neutral range, and the technical outlook is still bearish in the short term.  Some models predict that DOGE is expected to rise by about 13% to touch $0.22 before November 27, 2025, but the market is still subject to the movements of giant whales and overall liquidity. Outlook: Opportunities and uncertainties coexist The expansion of trading volume reflects the increased market attention, but the sideways price indicates that funds are still on the sidelines. The movement of whale funds may become a key variable in short-term fluctuations - if it is accumulation, it will be positive； If it is shipping, it may face correction pressure in the short term. Technically, DOGE price still maintains a symmetrical triangle shape, and the direction of the breakthrough will determine the next stage of the trend. While October's seasonal performance provides a guide, historical earnings are not indicative of future results. Short-term traders still need to be wary of false breakthroughs and liquidity traps. If you don’t know what to do in the bull market, you are welcome to scan the code to join the group for free. The spot code and layout strategy of the bull market can be shared for free. Welcome to private message me to join us Penguin number can be added: 3838974575 |
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