Brother Hao Reveals Dogecoin: Investment Strategy Under Bull and Bear Market

Folks, today Brother Hao is here to discuss the recent market trends of Dogecoin (DOGE). Let's analyze it thoroughly.

First, let's talk about the movement of large funds. In the past month, whales have been frantically buying, accumulating over 1 billion DOGE, spending about $220 million, and now holding a total of 25.97 billion DOGE. This clearly indicates that large funds are taking advantage of the low prices to position themselves; in the long run, this is a positive sign for DOGE. However, recently, 2.7 million DOGE were transferred to exchanges, which poses a risk as it may trigger short-term selling pressure, and the price could potentially drop, so everyone must stay vigilant.

Next, let's discuss significant positive news. Musk's X platform plans to integrate DOGE payment features in September. If this comes to fruition, it would be tremendous, and the buying pressure would likely explode, leading to a probable increase in DOGE's price.

Next, let's talk about long and short operation strategies. For bulls, if DOGE can steadily hold above $0.22, it would be wise to lightly buy in. The first target is set at $0.235, which is the first resistance level; if it breaks through, then set the target at $0.25, and remember to reduce your position and secure profits. However, be sure to set a stop-loss below $0.215 to strictly control risk. For bears, wait for DOGE to break below $0.22 on high volume before going short, initially targeting $0.20. The stop-loss should be set above $0.225 to prevent sudden market reversals.

Finally, Brother Hao's operational guide for today suggests going long around $0.21800 - $0.22230, with the first target at $0.22650, and if momentum is strong, then aim for $0.23250. But the market changes quickly, so everyone should respond flexibly during operations and not be rigid!