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Institutions of Bitewise's caliber are openly supporting DOGE, what does this indicate? It indicates that real money is being poured in. Many people are still being bearish, but think about it, institutions are starting to build a position, isn't it a bit funny that retail investors are panicking at this time?
At this position, how much more downside is there for DOGE? I really don’t think it can go down much further. On the contrary, in this round of market, my personal judgment is: it shouldn't be a big problem for DOGE to reach 1 dollar, Bitcoin looking at 150,000, and Ethereum at least 6,500. Of course, this is just a personal opinion and does not constitute investment advice, but the attitude of institutional money has already shown.