When DOGE suddenly surges, many people start to feel conflicted: should they jump in and make some money?
Look at its momentum; it’s like a rocket launch, and the trading volume is astonishing, making it feel like a major market trend is about to start! But have you ever considered that this might just be those big players taking the opportunity to offload their holdings? Have you really thought this possibility through?
To be honest, if it was just a simple surge without much change in trading volume or just a slight increase, then perhaps it could be worth considering chasing the rise. But now, with the surging price also accompanied by exploding trading volume, do you really dare to rush in with your eyes closed?
So, I think we should stay calm and not rush to make a decision. Let’s wait for 5 or 15 minutes to see if it can stabilize at the 389 position, and then consider whether it's too late to chase the rise.