Dogecoin's price surged after Elon Musk's unexpected public apology to Donald Trump, which helped ease political tensions and fueled speculation about ETF approvals for the cryptocurrency. Following Musk's statement, DOGE climbed 6.32%, surpassing the $0.19 resistance level, with trading volume reaching $1.65 billion, reflecting a significant market interest. Analysts have increased the odds of a DOGE ETF approval to 80% due to recent fluctuations in institutional interest. Additionally, Ethereum has seen price growth, rising over 2% as $125 million flowed into Ethereum ETFs. Key technical indicators for both cryptocurrencies suggest bullish momentum with resistance levels highlighted for further price movements. The political and regulatory contexts surrounding Musk and Trump’s relationship also play a crucial role in influencing investor sentiment in the crypto market, particularly for meme coins. Overall, the market appears optimistic about the continuing uptrend for both Dogecoin and Ethereum as significant support from traders and potential regulatory clarity unfolds.

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