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Dogecoin has recently appeared relatively calm, with the price oscillating within a range. However, those who have experienced several cycles know well—this "quiet period" is usually not due to inactivity but a phase of energy accumulation. History shows us that Dogecoin's pattern is like this: prolonged sideways consolidation until most people lose patience, then a sudden large-scale move. Therefore, rather than constantly watching the charts and chasing highs or lows, learning to wait is actually a more advanced strategy.
Some market analysts have noticed that the current trend structure of Dogecoin resembles the performance during previous bull market preparations. Specifically, the price repeatedly oscillates within a certain area, gradually forming a bottom, while the chips are quietly shifting. Remember the night before the big surge in 2021? It also went through such a phase. Now, a "rounded bottom" pattern is reappearing, which often indicates that the market is quietly building strength rather than continuing to plummet.
There is also a technical detail worth noting—the RSI indicator signals. Whenever Dogecoin approaches a major bottom, the weekly RSI tends to hit a relatively fixed zone. Now, the RSI has returned to this level. What does this imply? Selling pressure is easing, the shorting force is weakening, and the market may be brewing a trend reversal.
But to truly turn bullish, a clear confirmation signal is needed: the $0.138 level. It acts like a dividing ridge between bulls and bears. Once Dogecoin can stabilize above this level for several days or even longer, the technical indicators will clearly show strong bullish characteristics. Until then, the price is likely to continue consolidating and refining.
From the current perspective, it appears more like a "gradual bottoming" process rather than the start of a significant upward move. If you are a beginner, don’t rush to chase the highs; the key is to understand your position, master the rhythm, and patiently wait for a more certain signal to appear.