Dogecoin Lost the $0.13 Level, Expectation of Volatility is Increasing

Dogecoin has fallen below the $0.13 level due to heavy spot selling and increased derivative trading. This indicates that investors are expecting more volatility.

The futures trading volume for Dogecoin has reached $260 million, a 53,000% increase. Despite the weakening spot price, expectations of volatility are rising.

The $0.13 level is a critical threshold. If Dogecoin can reclaim this level, there may be a short position liquidation movement. However, remaining below this level could lead to further declines.