Brothers, I am Si Sheng.
1. First, look at the news: the main institutions of Dogecoin
On the surface, everything seems calm, but secretly there are hidden dangers.
DOGE is stuck at 0.128, down 82% from its historical high of 0.7375! The cost of holding is 0.07871, which means most people are still profitable, and selling pressure could explode at any time. But the real danger lies in the second image - a net outflow of 70,000 dollars in the spot market in 5 minutes, and a net outflow of nearly 40,000 dollars in the contract market in 5 minutes!
Short-term funds are frantically testing the waters, while funds on the 4-hour level have already seen significant outflows. This is not an adjustment; this is the main force engaging in 'time difference hunting'!
A perspective that overturns cognition: trading volume is deceiving you!
Look at the K-line red box 'Main Force Dense Area'? That is a trap! The real signal is that the capital-to-market value ratio is frighteningly low — a net outflow of 223 million over 10 days, with a market value ratio of only 1.14%. This indicates that large funds are retreating in an 'ant moving house' style, leaving retail investors fantasizing about a breakthrough in the 'dense area'.
I was just staring at the DOGE four-hour chart and found a key signal — MACD actually crossed above the 0 axis, but the price is still falling. It's like hitting the brakes while the car is still sliding forward; where will it stop? I must explain this thoroughly to everyone today.
Current traps and opportunities
From the chart, the overall downward trend of DOGE remains unchanged. There are heavy pressures, with 0.15834 and 0.18482 resembling two mountains. But pay attention to the area below 0.11026-0.08416, which has already entered the 'oversold buffer zone'.
Remember: if there is volume at the end of a downtrend, it is either panic or opportunity.
Example: Before the LUNA crash last year, MACD also showed a bullish crossover below the 0 axis, but there was no volume at that time. Now DOGE has a volume crossover, which is different.
Si Sheng's perspective:
The current trend is downward. If it rises to the key level of 0.13445 later, then it will shift to a bullish outlook. If it only spikes up or does not rise, then continue to look bearish!
Si Sheng's trading advice:
1. If you already hold long positions, then you can see if it will rise above the key level of 0.13445. If it stabilizes, continue holding. If you already hold short positions, then you can see if it will stabilize below this key level of 0.23445. If it stabilizes below and continues to drop, you can still continue holding!
2. If you are still observing, you can wait for it to rise to 0.15834—0.18482 to open a short position or to pull back to 0.11026—0.08416 to open a long position!
3. Remember to set stop losses and take profits when trading. Do not go all in or hold positions, and also keep some bullets available; otherwise, you won't even have the chance to double your capital!
Si Sheng publishes three waves of strategies daily in the village. If you are not holding a position of 5 million, please follow Si Sheng's real-time advice in the village to avoid liquidation risks. Currently, the market is unpredictable, and each villager has different positions, so please update Si Sheng's entry points published in the village in real-time!
There are no deities in the crypto circle, only teachers with a good mindset. If you don’t know what an effective breakthrough is or which coins can yield 10 times returns, pay attention to Si Sheng, and get the insights!
