ANALYST: DOG CURRENCY PRICE CONCERNS ABOUT POTENTIAL BREAKTHROUGHS, ALTHOUGH ETF INFLOWS SLOWED

Despite a slowdown in the flow of funds to DOGE ETF, the price of dog coins remains a concern. The latest data show a net daily inflow of US$ 0 on 17 July for DOGE ETF, but the cumulative net inflow remained at US$ 11.77 million, indicating that early investors ' funds remained. Analysts believe that the price of dogs is likely to rise in a new round after a critical price has broken. According to the technical analyst, Javon Marks, the price of the dog currency is going through a short transcretion period, which may open up more room for increase if the neck line is crossed by between 0.45 and $0.50. The market analyst Namtoshi Dogemoto also indicated that the doggy coin was developing a double base, and that the second low point was associated with a higher volume of transactions, which was often perceived by technology traders as a positive signal. The current market concerns about the return of funds to the ETF market and whether, in the absence of new financial support, the price of dogs will continue to rise。