DOGE recently did something unconventional — on-chain Large Investors have been silent for almost two months, and the price has quietly climbed 2.7%, now sitting at $0.1492. This situation seems a bit strange.

More magical things are yet to come: the daily trading volume has been directly halved by 30%, leaving only $779 million hanging around. On one hand, trading is as quiet as a convenience store in the deep of night, while on the other hand, prices are technically suppressing energy to make moves. This contrast is simply extraordinary.

**Large Investors lying flat, retail investors taking over?**

On-chain data shows that the activity of whales has reached a two-month low. Large transfers are pitifully few, and the bar graph looks as flat as an ECG with no signal. It is clear that large funds are waiting and the market liquidity is directly discounted.

Strangely, the price of the coin has actually risen slightly against the trend—this is a typical case of a divergence between volume and price. In plain language, it means: the big players are sitting by, eating seeds and watching the show, while the stage is filled with retail investors messing around on their own. It’s a bit like a self-study class without a teacher, where the students are just having fun.

However, historical experience tells us that the quieter the whales are, the bigger the movement that often follows. This current calm might just be the prelude to the next big market trend.

**The technical side has not been idle**

Although the spot market looks chaotic, technical indicators are secretly releasing signals:

A bullish triangular flag pattern has appeared on the 4-hour chart—prices are oscillating repeatedly within a converging range, with the amplitude getting narrower. This thing is like a tightly compressed spring; the tighter it is held back, the more forcefully it may spring out. It is currently stuck at a critical point of direction choice.

There are also historical patterns flashing hints on the 3-day chart...

In short, the current DOGE is like an assassin preparing for a surprise attack, calm on the surface while secretly brewing a big move. Retail investors and institutions are all waiting for that key signal.