Dogecoin Outlook After the Current Growth Cycle

In this growth cycle, Dogecoin has essentially fulfilled its role. From a technical perspective, short-term rebounds around the $0.135 level are likely just opportunities to exit rather than the start of a new uptrend. Looking back at the entire cycle, Dogecoin surged from around $0.049 to $0.48, nearly a 10x increase. Although it no longer achieved the “hundredfold miracle” like the previous cycle, this increase still outperformed most altcoins on the market and far exceeded most meme coins. However, at present, the technical outlook for DOGE is not very positive. Both the weekly and monthly charts have broken through key support levels, indicating a bearish trend is prevailing. This is typical of a prolonged weakening phase, where prices tend to decline or consolidate lower to shake out impatient investors. Even in the scenario where a Dogecoin ETF is approved, the actual inflow of capital may not be very strong. The reason is that major institutions do not seem particularly interested in DOGE, making long-term demand insufficient to reverse the trend. Therefore, it is highly likely that Dogecoin will continue to decline below the $0.10 mark to complete its correction and accumulation phase. Nevertheless, this does not mean Dogecoin has lost all value. From a long-term perspective, DOGE remains one of the most recognizable meme coins in the market, with a large community and a clear cycle history. Compared to holding low-quality altcoins or short-term “copycat” meme coins, patiently holding Dogecoin may be a safer choice. If investors maintain discipline and patience, in the next growth cycle, Dogecoin could return to its cost basis and even generate profits. As is usual in the crypto market, the winners are not those who enter the most trades, but those who survive long enough to catch the next cycle.