Let's lay it all out! For those of you holding DOGE at the high of $0.3-$0.42, isn't the number in your account tearing at your heart every day? When we earnestly suggested to liquidate before the New Year, how many actually listened?
Now the market has crashed, how many people's principal has been halved and then halved again? It must feel terrible staring at the K-line chart in the middle of the night, right?
Look at the current market, DOGE has been on a downward trend since the beginning of the year. The MACD death cross is about to pierce the zero axis, and the volume is playing around and can't keep up at all. Do you know how crazy the bears are?
The rebound on March 15 was just a flash in the pan; the trading volume was as fragile as paper. With the current momentum, the strong support at $0.175 could be broken at any time! If you dare to cut your losses now, you are handing over bloody chips to the bears!
Think about those who sold at $15,000 when BTC dropped in 2022, and later saw it rebound to $60,000, regretfully slapping their thighs. Do you want to repeat that mistake? If you're stuck at a high position, don't panic, but don’t be foolishly stubborn!
If your position doesn't exceed 20% of your total capital, first divide your holdings in half: 60% as your iron bottom position that you won't touch, and the remaining 40% should watch $0.175. If it really drops to this level and bounces, consider making a short-term trade to lower your cost. Remember, don’t go all in!
If you want to catch the bottom, you really need to restrain yourself. The market bottom is still nowhere in sight; if $0.175 breaks, there might be $0.15, $0.12. Blindly catching the bottom is like catching falling knives; many think they've hit the floor, but there's still hell waiting below!
Lastly, let me say something from the heart: staring at the red and green in the market every day is just tormenting yourself. Quickly set up price alerts and look at the market less. Write down your position plan and stick it on the wall, then research industry reports. Don’t blindly follow market emotions!
This market is a meat grinder, and those without planning and discipline will eventually be swallowed up without a bone left. If you want to survive this bear market, like and follow us. We update market trends and precise escape strategies in real-time every day. Following professionals is certainly better than groping around in the dark by yourself!