🚨 **DOGE Just Jumped 15%. But the Short Squeeze Is Running Out of Fuel.**
$DOGE pushed above **$0.10** as $BTC stayed above **$85K**.
At first glance, it looks simple:
**$1B+ in crypto liquidations.**
And shorts took the hit.
Around **$844M — 82% of total liquidations — came from short positions**.
But here's the interesting part. 👀
DOGE accounted for only about **$12.66M** of those short liquidations.
So what really pushed DOGE higher?
When leverage gets flushed from the market, high-beta meme coins can move much faster than the majors.
But the fuel is already fading.
Liquidations reportedly dropped from **>$300M/hour** at the peak to **<$11M/hour**.
🔥 Translation:
**Forced buying is disappearing.**
DOGE has already recovered more than **50% in a month**.
Now the market needs something else:
**Spot buyers.**
🧠 **Leverage can ignite a rally. Only real demand can keep it going.**
The big question:
Was this DOGE's next breakout…
or just the last explosion from the liquidation wave?
Market commentary only. Not financial advice.
