#美联储降息预期 DOGE is currently experiencing a critical moment! The price is hovering around $0.20002, and the recent hourly Candlestick shows a long lower wick pattern, indicating that the market's bullish and bearish forces are in fierce contention.

Market liquidation data reveals two decisive price zones: the support zone at $0.198, where a large number of long stop-loss orders are concentrated, and a breach could trigger a chain sell-off; while the resistance zone is at $0.205, a breakout above this level could trigger a short covering wave. Notably, the long liquidation scale within 24 hours reached $3.52 million, far exceeding the $450,000 of short liquidations, indicating a certain bullish pressure in the current market, but the bearish strength is relatively limited, providing a foundation for a potential rebound in the future.

In terms of market catalysts, two trends are worth noting: first, the improving trend of capital inflow into Bitcoin ETFs, with BlackRock's ETF seeing a net inflow of $120 million yesterday, and the stability of the overall market is expected to drive up highly volatile coins like DOGE; second, the progress of Musk's payment business. With Twitter's payment license approved, the possibility of DOGE being integrated into this ecosystem has increased, which will become an important observation point.

Investment strategy suggestions for investors: Short-term operations should use $0.198 as a defensive bottom line; if it falls below this level, consider reducing positions. If it breaks through $0.205, it can be followed up with a target of $0.213. From a medium-term perspective, the current price is close to the 30-day low area, and buying in batches may be more prudent than a one-time heavy investment, especially since the $0.195-$0.198 range has accumulation value. Leverage traders should control risks; data shows that fluctuations are larger at night, and excessive leverage can easily lead to unnecessary losses.

The 4-hour decline is only 0.34%, showing relative resilience. As long as the market remains stable, the area above $0.195 is still suitable for positioning, but if it falls below this level, one should consider staying on the sidelines. The more intense the market washout, the stronger the subsequent rebound may be.

How do investors view the future performance of DOGE? Has it already dropped out of the value zone, or is it at the beginning of a downward trend? Feel free to share your thoughts in the comments.