Recent crypto market volatility, with price drops for major coins, has driven traders to seek better entry points. The significant drop in prices is pushing traders towards long positions on Dogecoin (DOGE), with a shockingly high 76.65% holding such positions according to recent data. This bullish sentiment suggests anticipation of Dogecoin’s price climbing significantly, although concerns over potential liquidation risks are present. This high percentage of long positions could lead to cascading liquidations if Dogecoin fails to meet expectations, potentially adding further downward pressure on the market. Despite these risks, a palpable optimism surrounding Dogecoin persists. As the momentum builds, holders and investors continue to drive up Dogecoin’s price, anticipating a rapid pump in the cryptocurrency’s value.