Let's talk about the midday DOGE perspective.
Currently, DOGE is in a neutral sideways pattern. Technically, the downtrend is dominant, but momentum is weakening. Patterns like the Evening Star and the bearish arrangement of moving averages indicate that the trend is bearish, but market volatility is low, and the RSI is also in a neutral state, which means there may not be strong downward momentum in the short term. Additionally, trading volume data is missing, reducing the reliability of technical signals.
Now, regarding the market environment, ETH is nearing historical highs, and Bitcoin's liquidity is improving, which are positive news. However, there are risks with the Federal Reserve's decisions, and phishing incidents are also suppressing market sentiment.
In terms of operations, if it can stabilize at 0.23000, we can look towards around 0.23800. Currently, it is a range-bound market; everyone can sell high and buy low, seizing the opportunity. Stay defensive. $BTC