Is the big 🫓 a rebound from the bottom, or is it gearing up for a further dip? The key is tonight.

Recently, SPCX blew up, and everything collapsed across the board. After surging to $228 earlier, it has kept sliding all the way—currently down more than 20%. Let it fall, if it must—but it also triggered a coordinated downside across multiple coins. Right now, the big 🫓 has also broken below 620. Dōjun is having a rough time—within just a few hours, hundreds of millions of dollars ended up in the dog庄’s pocket.

At present, the structure has weakened. In the short term, the chart still shows signs of further weakness, but without any added data, this downswing won’t deepen deeply again. The support at 607 earlier is as solid as a rock. If tonight the big 🫓 can rebound and hold above 630, then the dog庄’s moves will be obvious—it’s clearly aimed at liquidation. Tonight, first watch the 618 support, and then focus on the 610-607 support area. If it holds, then at minimum you can expect a rebound of at least 5,000 points. If it doesn’t hold, then Dōjun should also stop insisting on holding.

As for the second 🫓, pay attention to the 1630-1600 support zone. If it holds, you’ll see a sharp rebound; if it fails to hold, the price will continue to probe lower.

All in all, personally, Wukong is firmly bullish on Dō at low levels. That’s all I have to say. Wishing everyone good luck.