Brothers, I am the I Ching!
Yesterday, the DOGE department led by Musk said, 'No savings from layoffs this year, expenses have surged'—don't think of this as political news; in the crypto world, a breath from Musk can make dogs fly! What does this indicate? Musk's movements are always tied to the price of DOGE, and he recently resumed donations to the Republican Party; policy trends may affect market sentiment, and short-term funds will be more sensitive!
Looking at the technical side again, the 1-hour chart has already told me the truth:
The two iron ceilings above: 0.13070 is the intraday pressure, 0.13445 is the cyclical pressure; if we can't break through, we have to turn back!
The two layers of support below: 0.12687 is the dividing line between bulls and bears, 0.12341 is the intraday support. If it really drops hard, 0.11972 is the ultimate rebound point!
The MACD yellow and white lines are steadily rising along the 0 axis, but the golden cross to death cross signal has appeared—this is a warning of a potential market change at the end of the fluctuation!
My view is very direct:
Tonight, DOGE is very likely to experience a 'high surge followed by a drop'—first a false rally to attract buyers, then a crash to harvest profits.
If it rises to around 0.13070, do not chase! That is the area for short positions, aim directly for the 0.12687-0.12341 range.
If it directly breaks below 0.12687, a short-term rebound can be captured, but the larger trend should look towards around 0.11972 for a needle!
What should players do?
If you are heavily invested, take the opportunity to reduce your position while prices are high, and keep some bullets for lower levels.
If you are in cash, try a small long position near 0.12341, and add more if it breaks below 0.11972.
Remember: in a fluctuating market, take from both ends, don't be greedy!
In the crypto world, there are no gods, only teachers with a good mindset. If you don't know what an effective breakout or a cryptocurrency with 10 times the return is, follow Zhouyi and join the village!
Zhouyi publishes three strategies daily in the village. If you are not holding 5 million, please follow Zhouyi's real-time suggestions in the village to avoid liquidation risks. The current market is unpredictable, and each villager has different positions, so please update Zhouyi's entry points published in the village in real time!#美联储回购协议计划 $DOGE
