2026-01-10 07:31:07

After a 30% rapid increase, Dogecoin is now stuck in a strange position—the price seems to be frozen.

The data makes it clear: DOGE is currently hovering around $0.14012, with little fluctuation in the past 24 hours, with a change of less than 1%. Compared to the explosive market a few days ago, it's like two different worlds. From the candlestick chart, the price is squeezed into a very narrow range, with an amplitude of only about $0.004—this is called "compression" in the crypto circle, indicating market energy accumulation, which usually doesn't last long. The next move will either break upward or break downward, both are highly probable events.

The technical position is very clear. $0.141 is a resistance level; to go higher, it must first overcome this hurdle. Looking downward, $0.1385 is a support line; if it can't hold here, the short-term direction will reverse.

More importantly, trading volume—recent days' trading volume has significantly shrunk, much lower than the average of the past 10 days. This suggests two possibilities: first, retail investors are waiting for a signal and dare not act first; second, big players are secretly controlling the market, locking the price within this range to pave the way for the next move.

Currently, technical indicators show a balance between bulls and bears, with both sides evenly matched and momentum barely detectable. It's like two forces in a tug-of-war—whoever gains the upper hand first will determine the market direction. Dogecoin is now in this "critical" state, and the next directional move is just around the corner.

DOGE-1,41%

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FortuneTeller42

· 18h ago

Wait, is the trading volume shrinking? It feels like the big players are holding back a major move.

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CexIsBad

· 01-11 15:48

After being squeezed for so long, a breakdown is inevitable. It all depends on who blinks first.

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LayerHopper

· 01-11 13:39

Will it explode after being squeezed, or will there be another slow death sideways movement?

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0xDreamChaser

· 01-10 08:01

It's been squeezed for so long, it feels like the big players are holding back a big move.

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gas_fee_therapy

· 01-10 08:00

Squeezing is about to explode. After a 30% increase, a correction is normal. --- Are the big players controlling the market? I bet the next wave will be upward. DOGE relies on memes to turn around. --- What does shrinking trading volume indicate? It means everyone is waiting. I am also waiting. --- If 0.141 can't be broken, it's really dangerous. It might drop straight to 0.13. --- This order book looks like it's accumulating energy. I feel it's about to blow up. --- Power struggle? Nonsense. In the crypto world, isn't it always big players cutting retail investors? I've seen through it long ago.

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PrivateKeyParanoia

· 01-10 07:59

It's been so long, and they're still squeezing us. It feels like the big players are just playing with us.

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GrayscaleArbitrageur

· 01-10 07:38

Wow, this squeezing is really uncomfortable, I've been suffocating for a long time. The dog is now like someone betting at a gambling table, whoever dares to move first wins. With trading volume so shrinking, either big players are holding back a big move, or retail investors are all scared. If we can't break through the 0.141 barrier, I think it's hopeless. Let's wait for the next signal, anyway, moving now is pointless. The worst-case scenario in this situation is breaking through the support level; once it's broken, the price could drop out of sight. Just watching the show, I'm sitting on the sidelines anyway.

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WhaleWatcher