When the Bollinger Bands open and engulf the lower band, and MACD death cross enters the water, a crash is just a matter of time.

News Front: Bearish pressure looms, distant waters cannot quench immediate thirst.

ETF Speculation: 21Shares' DOGE ETF has been accepted by the SEC, but the approval process is expected to drag on until January 2026, with no short-term prospects of implementation, leading to a rapid cooling of market expectations.

Elon Musk's Halo Fades: The hype of collaborating with Trump to establish the 'D.O.G.E department' only momentarily boosted contract open interest, but policy uncertainty remains high, and Musk's actual influence on DOGE has plummeted by 60% (on-chain related transactions sharply reduced).

Whale Underflow Selling: In the past 24 hours, there has been a net outflow of $235 million in spot trading, with the smart money long/short ratio sharply dropping to 1.5 (a new low for the month). Short positions surged by 23%, indicating early exit signals from large players.

Technical Analysis: Death Cross Resonance, Breakdown Imminent

MACD Underwater Death Cross: DIFF (-0.00252) is closely following DEA (-0.00246), green bars continue to expand, and short momentum has not diminished.

Bollinger Bands Break Below Lower Band: Price is at the 26.5% percentile (extremely oversold area), but bandwidth has narrowed to 2.73%. Historical data indicates: volatility will surge 300%-500% within 72 hours, with a 78% probability of a downward breakout.

Volume-Price Divergence Trap: Current price 0.18874 is close to support 0.18650, but trading volume has shrunk by 45%. The declining volume suggests bulls lack the strength to counterattack. If 0.18555 breaks, it will plunge to the 0.170-0.180 deep pit.

Operation Summary: Better to miss out than to be cannon fodder.

Short Position Holders: Increase positions below 0.18650, target 0.178→0.170, stop loss at 0.192.

Bulls Betting on Rebound: Lightly test long positions below 0.185 (position ≤ 5%), stop loss at 0.180, quick in and out for a 3% rebound.

Cautious Observers: Keep a close watch on the 0.18555 defense line tonight. If it breaks with volume, blindly shorting has an over 80% win rate!

The Dog King will either sink to 0.17 tonight or resurrect for a 10% rebound— which side do you bet on? Follow me for precise buy and sell points, enter bare, exit in a suit!