Let's see how crowded DOGE is: data from a leading futures platform shows that 98.7% of positions are short. Such an extremely one-sided situation is often a precursor to a market sentiment reversal.

What’s even more bizarre on the chart are these points — technically, the trend has fallen into dead silence, volatility has almost hit the floor, and the entire market is like a locked spring, accumulating energy. What about the capital side? Some shorts are already struggling to hold on, and signals of liquidation are emerging.

This is when the opportunity arises. Once the price breaks through the key level of 0.1285, how intense will the short squeeze chain reaction be? How will the stop-loss orders of the accumulated shorts trigger the next round of panic liquidations? The logic is clear — targeting 0.1250, those overly confident shorts might have to pay for their crowded positions.

The biggest risk in trading is following the crowd, and the biggest risk is being blown back by the wind. Data speaks, and trend reversals often hide within these extreme consensus points.