Dogecoin's current peak is unpredictable

Dogecoin has dropped from its previous peak of 0.48 all the way down to 0.13, a decline of 73%, close to the maximum decline in a bear market. The washout has been very thorough.

From the high point in December last year to early May, the continuous decline lasted for half a year, with a full exchange of chips.

From mid-March to now, the trading volume has remained at a very low level. Although in May it rose from the lowest point of 0.13 to 0.26, doubling in value, the trading volume has not significantly increased. From the perspective of trading volume, the market is still in a very early stage.

This time, Dogecoin's trend is different from the past bull markets, accumulating extremely strong energy, and the current peak is unpredictable. However, it should be noted that the more it is like this, the more it will achieve extreme fluctuations and large oscillations, making it significantly harder to profit.