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How Dogecoin ETFs trigger a sharp rise or a sharp reversal

Source: CoinWorld
Dogecoin bulls are tactically approaching the $0.25 resistance level, with open positions hitting a three-month high of $4.6 billion. Despite the financing rate of -0.68%, the RSI is still below 70 and the NVT is 14, indicating that there is still room for growth and will not over-expansion. Traders have mixed opinions on the potential impact of Dogecoin ETFs, but strategic positions show that this cycle will be clearer than the speculative-driven rebound in 2021.
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