StablecoinArbitrageur
DOGE has indeed had a lot of screen time recently. On the surface, it looks like a bull run, but if you understand a bit of technical analysis, you can see the clues—this is essentially a setup. Behind the seemingly bullish signals are actually a classic combination of divergence and bull trap.
It is actually not difficult to uncover the dealer's tactics. Nominally, the direction points towards long positions, but the data on open contracts tells a different story. The open interest is increasing, yet the price cannot rise, which is clear evidence of "leverage growth far exceeding actual c
It is actually not difficult to uncover the dealer's tactics. Nominally, the direction points towards long positions, but the data on open contracts tells a different story. The open interest is increasing, yet the price cannot rise, which is clear evidence of "leverage growth far exceeding actual c
DOGE3%