There are actually quite a few short opportunities for DOGE. From a technical perspective, shorting at obvious seasonal highs has historically resulted in declines of over 50%, while rebounds tend to be mild—rising 10% per day is considered good, and occasionally hitting 20% is already a strong performance.
From a macroeconomic standpoint, the current economic growth slowdown has gradually loosened the long-term bull market pattern of Bitcoin. Against this backdrop, DOGE, as a risk asset, is under pressure. Many analysts believe that this coin's downside potential could be greater than expected—it's not surprising to see it fall from its current level to $0.05, and further decline to $0.005 is also possible. The market will provide the answer.
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HorizonHunter
· 52m ago
0.05 is my bottom, don't even mention 0.005, that's just a dream.
View OriginalReply0
ConsensusDissenter
· 10h ago
Shorting DOGE sounds easy, but in reality, more people are getting burned, haha
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0.05 dare to say? Feels a bit over the top
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A 20% rebound is called strong, so how does BTC play
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Macroeconomic pressure is real, but DOGE is inherently a speculative asset
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Historical data looks good, but that doesn't mean it can be reproduced today, brother
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Instead of worrying about downside potential, better to focus on liquidity
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It's "the market will give the answer" again, how many times have I heard this
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I just want to know what the current shorting cost is in points
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A 50% drop sounds intimidating, but those buying the dip at high levels are losing money badly
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LiquidityLarry
· 01-09 04:56
Are there more shorting opportunities? I think you're just trying to catch the bottom haha
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0.005? Dream on, too many DOGE bagholders
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The rebound is gentle, that's true, but if it really drops to that level, I'll go all in
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Macro slowdown just to dump DOGE? What about BTC, why is it still here
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Historical patterns often fail when you trust them the most
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Talking all the right talk, just missing a screenshot of the clear-out
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Waiting for a 50% drop, but unfortunately it's still bouncing around at high levels
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Feels like another "I've studied the technicals" post, but really just trying to short and catch the bottom
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Bull market loosening? Check if those institutions are still here
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MEVictim
· 01-09 04:55
Uh... sounds a bit uncertain, can a 50% drop really be achieved?
Can DOGE really drop to 0.005? That's too exaggerated, what kind of market is this?
Are rebounds this mild? That would indeed be uncomfortable.
The economic slowdown loosening the Bitcoin bull market... I’m a bit lost with that logic.
It feels like macro pressure is overrated; DOGE isn't even a mainstream coin.
Short selling sounds easy, but the actual timing of execution is the real devil.
That 0.05 level feels more realistic; dropping to 0.005 would mean bankruptcy.
You're so pessimistic, what if it rebounds 20%?
View OriginalReply0
AirdropHermit
· 01-09 04:54
The bears are quite experienced, but DOGE is just easily driven by emotions. I don't believe it will drop to 0.05 unless there's a complete collapse of the crypto market.
Alright, fine, I'm already holding losses anyway, so might as well treat it as gambling.
This guy's analysis isn't wrong; technically, we're at a high point, but the macro bull market hasn't fully broken down yet.
0.005 is too outrageous; how pessimistic do you have to be... But on the other hand, Dogecoin indeed carries high risk.
Wait, so the logic is that a rebound will take a long time, meaning the bear window isn't actually that long.
Historically, a 50%+ drop isn't that severe in my memory. Do you have data?
Basically, it's a bet on a macro collapse, but I can't outbet that.
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GasFeeCryer
· 01-09 04:54
Here comes the bearish talk again, always claiming a 50% drop and a bottom at 0.005. And the result? Sounds better than it actually is.
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Macro slowdown means dumping DOGE? Come on, that logic is flawed.
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Feel free to throw on some historical data, but dare to go all-in short and try it.
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0.005? Dream on. This coin's resilience is stronger than you think.
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Gentle rebound, sharp decline? Sounds great for shorting, but what about the risks? Not a word about that?
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Same old theory, heard it last year too, but ended up being proven wrong.
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It's not that DOGE has no risks, but I never buy into this kind of absolute rhetoric.
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The macro environment is so good to shake off, but how exactly to operate? There’s no clear answer.
View OriginalReply0
ResearchChadButBroke
· 01-09 04:53
Short selling sounds easy, but in practice it still depends on luck. Anyway, I don't have the guts to short at this point in time.
There are always bearish arguments every day, but DOGE's rebound is really fierce. 0.005? Easy to say, let's see if it can survive until then.
All these data are correct, but timing is the key... Macro disadvantages are disadvantages, and the logic in the crypto circle is different.
A 50% drop sounds scary, but don't forget that rebounds can start at 20%. Who really makes money and who loses in this buy and sell is hard to say.
View OriginalReply0
Hash_Bandit
· 01-09 04:27
nah the macro headwinds r real but shorting doge always feels like catching a falling knife... seen this movie b4 during the 2018 bloodbath, bounces hit different when nobody expects em tbh
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RugPullAlarm
· 01-09 04:27
Looking at this wave of DOGE, I'm actually more concerned about the fund flow of large wallet addresses. The prediction of a drop from 0.05 to 0.005 sounds tempting, but we need to first see who is quietly selling off on the chain.
There are actually quite a few short opportunities for DOGE. From a technical perspective, shorting at obvious seasonal highs has historically resulted in declines of over 50%, while rebounds tend to be mild—rising 10% per day is considered good, and occasionally hitting 20% is already a strong performance.
From a macroeconomic standpoint, the current economic growth slowdown has gradually loosened the long-term bull market pattern of Bitcoin. Against this backdrop, DOGE, as a risk asset, is under pressure. Many analysts believe that this coin's downside potential could be greater than expected—it's not surprising to see it fall from its current level to $0.05, and further decline to $0.005 is also possible. The market will provide the answer.