#DOGE Dogecoin, regardless of whether it continues to drop or not, absolutely do not short it. If you do, always set a stop loss. The logic is as follows: It is basically confirmed that interest rates will be cut in September, and everyone will speculate on the expectations of rate cuts. Bitcoin is currently at a high position. The willingness for capital to continue to enter is not strong, and liquidity will inevitably overflow to other mainstream coins. The general requirements for choosing coins are that the market cap should not be too small, liquidity should be good, and there should be sentiment and speculative expectations for the targets. So it will definitely start from Ethereum, then to mainstream coins, followed by popular small-cap coins, and then enter a major correction or even complete this round of the bull market. Therefore, once Ethereum breaks its historical high, it is recommended not to short any mainstream coins in the short term; only buy on dips and see if you can catch a main upward wave. Having said that, let's talk about Dogecoin itself. Firstly, it has speculative targets, and the ETF results are about to come out, with sentiment boosting. Elon Musk is always online to shout orders, and the market cap is large enough. The liquidity is strong, with no pressure for large funds to enter and exit, enough time for wash trading, the chips are relatively concentrated, and there is a high possibility of rallying and then distributing. The community is active, etc. Technically, the 60-day crossing above the 200-day moving average has historically indicated a period of significant increase. Additionally, the lower level of 0.2 has already been tested, so it can basically start now. Furthermore, there are many short sellers of Dogecoin who have become accustomed to shorting it. Once it rallies, there will be no shortage of fuel. It is highly likely to keep rising, and more people will short until no one is left to short, which will mark the end of the first wave of increases. $#$DOGE What do you think will happen? What price levels are you watching?