Dogecoin increased by 25% in two weeks: Analysts debate the future as retail investor activity reaches

Dogecoin (DOGE) continues to draw attention after rising more than 25% in the past two weeks, peaking at $0.24 before falling slightly to $0.22 at the time of the press release. This price action reflects a broader bullish sentiment across the crypto market but also brings a mix of optimism and caution among analysts. While some predict the next growth, others warn that the increase in retail speculation may signal short-term bearish risks. Retail traders flood DOGE futures—Should caution be exercised? According to blockchain analyst Burak Kesmeci, the recent bullish surge of Dogecoin is primarily driven by retail traders, especially in the futures market. In a quick summary from CryptoQuant titled "Too Many Retail Traders? DOGE Futures Show Repeating Peak Patterns," Kesmeci presented data showing the correlation between retail spikes and local price peaks. His analysis uses a visual measure in which red bubbles mark increased speculative activity from retail traders. Traditionally, these periods often occur before short-term price corrections of DOGE. Kesmeci explains: "The dominance of retail investors in the DOGE futures market continuously signals a depletion of momentum." In contrast, the green and pink bubbles - indicating a fall in retail participation - often align with more stable or accumulation phases, suggesting that retail hype may be a contrary signal in the short term. Technical indicators signal a bullish potential While the futures market data shows caution, some analysts remain optimistic. Technical expert Javon Marks believes that Dogecoin may still be poised for a major bullish move. According to Marks, DOGE has flashed a bullish chart confirmation, which could lead to a nearly 200% increase from the current level. Marks notes that "This setup reflects previous breakthrough structures," adding that the momentum of this asset seems strong enough to test new highs. The difference in this outlook reflects the complex nature of market sentiment, as technical setups and on-chain behavior do not always align.