#Gate广场圣诞送温暖 DOGE was listed on the New York Stock Exchange, but its market response remains noticeably sluggish. Price and derivatives trading activity have not shown the speculative enthusiasm seen during previous catalyst events. The price of DOGE rebounded by 5%, but it is still in a downtrend, with prices far below the levels at the beginning of this month. This rebound occurred after several weeks of sharp pullback, which once pushed DOGE close to a local low of around 0.135 dollars.
Since nearing the high of 0.26 USD in October, the price of DOGE (DOGE) has continued to decline, with both highs and lows consistently lowering, and buyers have yet to break through any major resistance levels. Today's ETF rise failed to break the short-term downtrend—indicating that ETF-driven demand may take some time to materialize.
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#Gate广场圣诞送温暖 DOGE was listed on the New York Stock Exchange, but its market response remains noticeably sluggish. Price and derivatives trading activity have not shown the speculative enthusiasm seen during previous catalyst events. The price of DOGE rebounded by 5%, but it is still in a downtrend, with prices far below the levels at the beginning of this month. This rebound occurred after several weeks of sharp pullback, which once pushed DOGE close to a local low of around 0.135 dollars.
Since nearing the high of 0.26 USD in October, the price of DOGE (DOGE) has continued to decline, with both highs and lows consistently lowering, and buyers have yet to break through any major resistance levels. Today's ETF rise failed to break the short-term downtrend—indicating that ETF-driven demand may take some time to materialize.