Family, today Yang will continue to discuss the short-term trend of Dogecoin with everyone. First, let's look at the indicators. The MACD is still in the bearish zone, but if a golden cross can form, a rebound may come; the RSI is around 38, close to the oversold zone, so keep an eye on the signs of a short-term rebound.

On the 4-hour chart, the price is stuck at the end of a triangle, and 0.216 is a hurdle. If it breaks through with volume, it might reach 0.26; but we need to watch the volume—only a single hour's trading exceeding 500 million DOGE counts as a real breakout; otherwise, it might easily be a false breakout and drop back down.

Additionally, there is a potential rounded bottom/cup-and-handle pattern, but it needs to break 0.245 to confirm the reversal; otherwise, it will still be pressured by the downtrend.

In the next 8 hours, a range-bound oscillation is highly likely, and the breakout direction between 0.205 and 0.216 is crucial. If Bitcoin stabilizes and the volume follows, DOGE may reach 0.228; but if the market panics and leveraged funds flee, we need to watch out for a drop below 0.20.

In terms of operations, Yang suggests trying to short around 0.21200-0.21500, first looking at 0.20600, and if that breaks, then checking 0.19800. The market changes quickly, so keep a close eye on Bitcoin's trends, large on-chain transactions, and the long-short ratio of derivatives; strategies need to be flexible! #DOGE