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 Guangdongmao focused on Dogecoin’s market structure in an Oct. 28 video, arguing that the meme coin is nearing the end of a multi-year accumulation phase — and that the recent plunge is a feature of that process, not a flaw. While he declined to announce a specific price target in the video, he noted that Dogecoin allocations are maturing in tandem with broader “risk appetite” signals, similar to the lag of Ethereum, which typically moves ahead of Dogecoin’s larger moves. When will Dogecoin rise again?When it comes to structure, he doesn't mince words. “Just look at Dogecoin and you can see... Dogecoin has been in a cup structure for almost four and a half, five years... it's been building a huge bottom. ” In his view, round bottom It is the iconic pattern of Dogecoin’s current cycle, and despite the recent volatility, this pattern remains intact. He believes that the sharp decline two weeks ago was a necessary position adjustment rather than a breakthrough in the trend: "I just experienced a Major deleveraging event […] I wouldn’t see lower lows and think the trend is broken […] In my opinion, this is a very healthy deleveraging ahead of the next leg higher. ”He highlighted the "huge wick" and "massive demand underneath," noting that he believes there is resilient spot support at the bottom. The key is timing, not goals. He reiterated that Dogecoin typically follows Ethereum higher, but there will be a delay once Ethereum breaks through its own major resistance band. “Whenever we approach the end of the round bottom […], Ethereum breaks out of the resistance zone and surges higher. So Dogecoin will rise in tandem with Ethereum,” he said, adding: “There is a certain lag. I believe the lag time from when Ethereum breaks resistance to when Dogecoin finally breaks out of the round bottom and moves higher could be as long as a few months. ”  He made similar observations using risk proxies, noting that Dogecoin's movements have historically lagged small-cap-dominated risk cycles by several months, but cautioned that the exact time lag could vary. He added via ”  Cantonese Cat also refuted the idea that "consecutive lower lows will automatically invalidate Dogecoin's setup", arguing that this has happened in previous cycles, just before a sharp rebound. “A lot of people look at that and think, 'That's a lower low... the cycle is over. ’But that's not the case. That was an even lower low. Next thing you know, it's higher," he said, linking the observation to the current "healthy deleveraging" and persistence of the round bottom structure. If the video provided a structural blueprint, his post on X that day spelled out his stance on Toutiao’s goals. “I realized that predicting Dogecoin to $2 or $4 when it was trading at 20 cents was foolish. If I were as smart as everyone else, I would have predicted Dogecoin going to $2 or $4 when it was at $2 or $4. ” This comment relates to him Previous price predictions consistent. In the video update, the analyst instead highlighted the order in which he expects to be important — first ETH’s strength, followed by DOGE’s follow-through, the magnitude of which depends on After momentum rotation The extent to which broader risk cycles operate. At press time, DOGE was trading at $0.20.  The bull market is still here, and now is the golden period for planning. Scan the QR code below to follow our footsteps and seize the wealth code together, welcome the upcoming bull market, and realize our dream of wealth and freedom together! Group content: 1. Seize the opportunity to build a position in the next three months, lead everyone to transcend social strata, and gain the opportunity to gain wealth! 2. Share the short-term band opportunities and long-term investment strategies of altcoin spot to help you make steady profits! Welcome to chat with me privately → WeChat: sui3786 Alternate: 3073259620, scan the code below!  |
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