Many people are on edge because they see their Dogecoin stagnant, not rising or falling, and are already thinking that the winning streak is over. But watch out! An analyst who is very clear, Cantonese Cat, came out to say: "Calm down, my people!" According to him, the Doge has not broken its bullish trend; what is happening is that it is in a "routine reset" to gain momentum.
Imagine that Dogecoin is a long-distance runner who needs to stop for water and catch its breath. That is what it is doing right now. The analyst explains that, although the price moves a little from one day to the next, if you step back and look at the big picture (the charts of weeks and months), the little dog continues to respect the support lines. In fact, it has formed something that in the world of charts is called a "double bottom," which is like the price bouncing twice at the same point, showing that there is a solid base of buyers who are not going to let it fall.
But why is this analysis so important? Because unlike those who get scared with every rise and fall, this expert focuses on the "big picture." He does not look at today's spike, but at the fire that has been building for some time. It's like when you watch a soap opera and focus on the main plot instead of each little gossip in a chapter. The little dog has been creating higher highs and higher lows, a clear sign that its path is upward 📈.
In summary, the news is that Dogecoin is not dying; it is breathing. And not only that, the analyst gives us one more juicy piece of information: he sees the entire crypto market (excluding Bitcoin and Ethereum) looking "beautiful," like a "cup with a handle" that is preparing to rise with everything. If the other cryptos are going to rise, it is very likely that Dogecoin will jump on that bandwagon.
So, is it time to panic? No, my people. The lesson here is that patience is key in the cryptocurrency game. You have to look beyond the day-to-day to understand the complete play. And, according to this expert, the Doge play remains bullish until proven otherwise. 🐕💰$DOGE
