Looking at DOGE's recent trend, the market logic behind it is actually quite interesting. Main capital quietly accumulates at low levels, while retail investors panic and rapidly cut their losses — a stark contrast. When the price really surges towards the $1 mark, the roles switch: the main players start to sell in an orderly manner, while retail investors chase the high and buy in.

This market cycle also frequently plays out with BTC and ETH. In simple terms, it is an eternal game of strategy driven by the amount of capital and information asymmetry. Small retail investors are often driven by emotions, buying at high points and selling at lows; whereas institutions and large investors stand on a higher level, using time and capital to earn profits. Although the crypto market appears decentralized, the cycle of greed and fear rooted in human nature remains unchanged.