财经少华
财经少华|Jun 12, 2025 07:20
Analyze Dogecoin (DOGE) Dogecoin has risen to $0.20 in recent days, and then rebounded to the current $0.19552, breaking through the pressure level of $0.19. Musk's attempt to publicly reconcile with Trump has eased political tensions, and speculation in the market about the approval of the Dogecoin ETF has intensified. The trading volume approached 1.65 billion US dollars, an increase of 827% from the previous day, confirming the true market interest behind this breakthrough. The main catalyst for the rise seems to be Musk's apology to Trump, who stated that his recent remarks were "too excessive" and marked a clear easing of tensions in their dispute. This settlement is of great significance to Dogecoin investors, as Musk's tone of reconciliation reduces the systemic risk of his investment projects and indirectly boosts people's confidence in Dogecoin, as the Tesla CEO has always had a close impact on Dogecoin price trends. The direct pressure level of Dogecoin is around 0.214 US dollars. The gold crossover pattern is still playing a role, but this gap stopped narrowing on May 30th, so the short-term bullish trend should continue for a few more days before the confirmation of the medium-term bullish trend. The next key focus is the pressure level at $0.214. The support level is at 0.186 US dollars. DOGE
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