The independent market commentator VisionPulsed stated that the six-month decline of $DOGE may be about to reach its tipping point. On June 4, he told his followers that the memecoin needs to break above the ceiling of approximately $0.40 'either this week or next' for the broader bullish structure to survive the summer. In a video analysis, the analyst highlighted a second consecutive 'blue bar' on Ethereum's momentum oscillator, a signal he considers a reliable harbinger of imminent and high-magnitude movements in the digital asset complex. He mentioned that the last time there were two blue bars on Ethereum was in August 2023, when the market rose by 16%. Currently, there are two bars, and he predicts that by Sunday there will be four, indicating that the movement should occur next week.
Although the structure of blue bars is native to Ethereum, VisionPulsed argued that its reading for Bitcoin and, by correlation, for Dogecoin is more important than ever. He noted that Bitcoin's own hash-ribbon metric, formed when the 30 and 60-day moving averages of the network's hash rate compress, has followed a strict pattern of 'selling for two weeks, then rising' during the current cycle. He emphasized that they have already been selling for two weeks, and historically, that is when Bitcoin recovers and rises. If this repeats, Dogecoin should finally receive the boost that has been denied to it since February.
VisionPulsed's thesis is based on a 70-day time model derived from previous low impulses of Dogecoin. Measuring from the recent lowest point, the 70-day mark falls on June 14. He explained that every major rise of Dogecoin during this cycle occurred 60 to 80 days after a bottom. We are exactly in that window, and if we are going to rise, it almost has to be now. VisionPulsed acknowledged his track record of unmet deadlines but insisted that the structure remains statistically solid. He stated that if there is no rise next week, he will never set dates on anything again. He added that Dogecoin needs to break above $0.40; otherwise, the bearish scenario dramatically strengthens, with June declining, July likely declining, and September seasonally weak, resulting in eight red months out of nine.
When asked about the depth of a possible bearish scenario, the analyst pointed to Ethereum for context. A bullish resolution could lift ETH to around $3,200 before a summer consolidation and possibly $4,200 in early fall, a path that, in his view, would drag Dogecoin well above the $0.40 trigger. However, failure 'sets up a very big move down, perhaps below $2,000 on ETH,' a drop that would likely leave Dogecoin retesting.
