Discussing everyone's concerns about $DOGE

From the monthly chart, the upward trend of Dogecoin is still clearly discernible, like a race dog steadily moving forward on a long track, always maintaining an upward posture. It is currently in a typical Wyckoff accumulation phase, with the main funds acting like patient hunters, quietly collecting chips in the dark.

In the short term, the market is likely to experience another violent shakeout. This is like a baptism before the storm, where the main players will use severe fluctuations to completely flush out those weak hands, clearing obstacles for the subsequent market explosion. It must be said that Dogecoin's market is known for being frustrating, with each buildup testing the limits of investors' patience.

Its most classic frustrating script may be played out in mid-September: with the implementation of interest rate cuts, prices may first experience a brief but fierce crash, like a roller coaster suddenly diving, causing many to flee in a panic. But just when market sentiment hits rock bottom, the real market may finally start, initiating a surprising upward trend.

For investors, $0.18 is an important defensive level, like the last line of defense for the market. Once the price falls below this level, it signifies that this round of the market may be coming to an end. At that point, decisive loss-cutting is necessary; acknowledging judgment errors must be done with composure, as in the capital market, preserving strength allows one to await the next opportunity. #山寨季何时到来? #加密市场回调 $DOGE