$BTC has once again confirmed that we have entered the early stages of a bear market. In the most optimistic scenario, there might be a rebound to around 113k before the end of this year, but there is no trend of breaking new highs.
Checked the data, doge has nearly dropped 300% this year, doge is expected to be delisted by major platforms, has anyone who bought this coin really been doomed for 18 lifetimes $DOGE
$DOGE There will not be a bull market for at least the next 6 months; even if there is, it will only be a short-term rebound, so it's best to take profits when available. We have now entered the early stages of a bear market. Why was there a bullish trend on the cycle line last month? There was indeed, but after the event on 1011, the entire trend changed. The same advice remains: focus on spot and short-term trading, and consider increasing your position appropriately.
$DOGE As a qualified trader, one must trade in the direction of the trend, going short when necessary and going long when appropriate. I find that many people only focus on the ups and ignore the downs... When it falls, they go to the square and say some emotionally charged nonsense... Isn't it bad to be caught in both directions? The vast majority of cryptocurrencies tend to fall more often than they rise over an average year. Managing risk well and timing take profit and stop loss is advantageous, isn't it? There's still profit to be made!
The early bird gets the fat fish, but unfortunately can't get up to eat 😂
Binance News
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Cryptocurrency Market Black Swan Event: XRP and DOGE Maximum Decline Exceeds 53%
According to BlockBeats, on October 11, during the black swan period of the cryptocurrency market, both XRP and DOGE saw their maximum decline exceed 53%. The overall altcoin market experienced a maximum decline of 99%.
The cryptocurrency market has now warmed up and is gradually recovering from the decline caused by the black swan event.
$DOGE Be careful tonight or early morning as there is a chance of a rapid surge. Observe the changes and don't be greedy to try to catch the bottom or earn the highest point. Keep it up!
$DOGE It's exciting and tense! 🤑 To make long-term gains in the crypto world, you must follow the trends, and of course, you also need to know how to analyze. This way, both long and short positions can make profits. Keep it up!
$DOGE From the daily line, it looks like there's no hope today, mainly because it hasn't stabilized above 0 284, so we will wait and see. However, the bull market on the weekly chart is becoming more evident. Keep it up!
$DOGE The next 18 hours are a golden key! Whether there will be another wave depends on whether it can remain above 0.284 during this time. Let's encourage each other. Keep it up 🫰
$DOGE has already said it..🤣, the next wave will be available for purchase at the earliest on the morning of September 17, and of course, we will evaluate at that time. Keep it up🫰
$DOGE Today I had some time to look at the trends of the past few days and found an interesting phenomenon. If it can maintain above 0.236 before 8 AM on Sunday (Asia time), there is a high possibility of a 'small surge', but it must stay above 0.26 before the upcoming Monday at best. If both of these points are met, then there will be at least several days of 'peak' coming. 🫶🫶 #狗狗币 #Dogecoin #狗狗币交易
$DOGE This appropriate pullback is somewhat different from the past. If following the previous pace, it should drop to around 0.215. However, looking at the daily chart, there is already a bullish trend emerging, just ‘not strong’. I won't go into details, but the next few days are crucial! If a weekly bull market appears (which is currently becoming increasingly evident at the edge), then we won't see below 0.2 in the coming months. Let's encourage each other 🫶🤟 #Dogecoin #狗狗币现状及未来
Currently, due to the actions of Bitcoin, the Genius Act, and the high likelihood of interest rate cuts at the end of the month by the Federal Reserve, Dogecoin may break $0.26. If it breaks through, you can appropriately sell between 0.26 - 0.305, then wait for a pullback to accumulate more coins or just make a profit from the price difference. This situation is not suitable for short selling; spot trading is relatively comfortable. 🫶 #山寨币突破 #Dogecoin #狗狗币现状及未来
$DOGE In this phase, you can sell the spot in stages between 0.248 - 0.317, and then buy back at a lower price to accumulate more chips.🫶 #山寨币交易 #Dogecoin