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The price movement of DOGE may hide specific market strategies. After DOGE broke through the $0.2 level, there was no normal pullback confirmation, which raised concerns among many investors about holding a Heavy Position. Recently, the price pulled back to the $0.17 region, which may actually be a strategic move by large holders in the market to encourage retail investors to release their chips.
In cryptocurrency trading, such price fluctuations are not uncommon. When retail investors believe that the market has reached its end and choose to exit, it is often the time when large funds acquire low-priced chips and prepare for the next round of increases.
Price pullbacks are not necessarily a negative signal; they may be a necessary adjustment before an upward trend. Investors need to maintain rational judgment and avoid being swayed by short-term market emotions, understanding the price movement logic of DOGE from a longer-term perspective.