Cryptocurrency analysis firm Alphractal has shared a remarkable market assessment of Dogecoin (DOGE). According to the company's analysis, short-term investors (STH) have begun accumulating Dogecoin again, while long-term investors (LTH) have begun releasing their coins. Alphractal noted that historically, periods of DOGE accumulation by short-term investors have signaled strong bull markets, adding, “We may be on the verge of a major Dogecoin price jump.” Alphractal founder Joao Wedson argued that altcoin markets have performed poorly compared to Bitcoin over the past two months: “Over the last 60 days, leading altcoins have lost value against BTC. The current altcoin rally is largely driven by new projects or Binance Smart Chain-connected coins. September isn't over yet, so I expect some recovery in BTC dominance. More established altcoins will only regain traction after that.” Related News: BNB Surpasses $1,000 for the First Time in Its History, CZ Makes First Statement Wedson pointed out that it is wrong for investors to attribute market movements to the news flow: If you position on the Fed, the FOMC, interest rate cuts, Trump, or Elon Musk, you're doomed to lose. As Wyckoff taught a century ago, news is an effect, never a cause. Smart money and market makers anticipate information and quietly build their positions. When the news breaks, they're already positioned to profit. *This is not investment advice. Continue Reading: Claim from Analysis Company: “This Altcoin May Be on the Verge of a Major Surge”
