🚨 **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?

#Dogecoin #DOGE #Bitcoin

$DOGE $BTC

Market commentary only. Not financial advice.