#meme section hot topics
The interest rate cut is imminent, will DOGE, Pepe, and WIF lead the rebound?
Recently, the meme has been very quiet, as everyone's attention has been focused on Bitcoin.
Is it time for the meme to rebound?
On the daily chart, DOGE is in an upward channel. It has just touched the bottom of the channel and is currently at a good support level. If it does rebound from here, the top of the channel will be around 0.50. Breaking through the top of the channel and confirming above it could lead to fluctuations around 0.60, depending on where the breakout occurs.
On the other hand, if it breaks below the bottom of the channel and makes lower lows, the upward trend will be negated and will return to square one. That said, the likelihood of trend continuation seems greater.
For the past nine days, PEPE has been in a local downtrend, almost falling back to retest the top of the bullish flag. It has also retested the 0.618 Fibonacci level and may fall back to retest the bullish flag trend line and the 0.786 Fibonacci level.
Since the main trend is still very upward, it is expected that the price will not fall back into the bullish flag shape, although if it breaks down, a price drop below 0.00001730 will create lower lows. That said, this level is a good support.
WIF does seem ready to rebound. It has fallen all the way to the deepest Fibonacci level of this trend, which is 0.786, and this is also a very strong support level. If the price does break through, the upward trend line and the descending trend line of historical highs will become good support.
In summary, the three mentioned memes seem to be ready for a rebound. As always, it largely depends on Bitcoin. From the current situation, Bitcoin is either going to rise or remain relatively stable for a while, with only a small probability of a significant pullback.
If anyone feels confused due to market fluctuations and doesn't know how to deal with being stuck, or feels misled during the operation process, feel free to communicate! #狗狗币作为马斯克的特斯拉官网唯一指定的付款方式之一 $DOGE

**Market sell-off frenzy**

**Market sell-off frenzy**

During the Asian trading session, the cryptocurrency market was suddenly sold off violently, and the global cryptocurrency market value evaporated by as much as 5% in just a few hours, falling to $1.57 trillion. Bitcoin, as the leader, fell 7%, while altcoins such as Ethereum (ETH), XRP, Solana (SOL), Cardano (ADA), DOGE and SHIB were panic-sold.

**Reason Exploration**
In this sudden market turmoil, investors can't help but ask: What exactly caused this "bloody storm"? Next, we will analyze in depth the five major reasons that may have caused this price plunge.

**Reason 1: Market Adjustment**
The market has its own operating rules, and adjustments after continuous rises are inevitable. A well-known Bitcoin analyst pointed out that the adjustment of Bitcoin prices, which doubled in just two months, was not unexpected, but just a manifestation of market self-regulation.

**Reason 2: Macro Event Impact**
When major macro events occur, market adjustments and pullbacks are often the key to confirming future rebounds. Several recent macro events may have affected investor sentiment and triggered a chain reaction in the market.

**Reason 3: Profit-taking**
With the sharp appreciation of altcoins, some investors may choose to withdraw their funds after making profits. Taking Solana (SOL) as an example, data shows that SOL's contract positions on centralized exchanges have declined, indicating that funds may be exiting the market.

**Reason 4: Bitcoin ETF expectations**
This week is a critical moment for the approval of the Bitcoin ETF. Changes in market expectations have led to the withdrawal of funds from altcoins and the inflow of funds into Bitcoin. The market generally speculates that if the Bitcoin ETF is approved, Bitcoin will rise sharply; conversely, if it is not approved, altcoins may

**Reason 5: Geopolitical factors**
Although the specific details are not convenient to state, some geopolitical events may have had an impact on the market. These events often trigger market uncertainty and cause investors to waver in confidence.

#狗狗币作为马斯克的特斯拉官网唯一指定的付款方式之一 #狗狗的价格必将发射月球

$TRU

What is the maximum limit of Dogecoin?
If all goes well, the recent ceiling is around 0.199, provided that Trump is in office,

Even if Trump is in office, it may take until December to reach the "current highest ceiling"; at the shortest? It depends on market sentiment.

Of course, if it's Sister Haha,
then personally, I support the American Civil War 😂💀

With Trump in office, on November 8,
The Federal Reserve may start accelerating into a rate-cutting cycle,
thus, it is possible that by late December at the latest, it will break the historical high of 0.23 and sprint towards 1 dollar.

#马斯克的特斯拉只支持狗狗币支付
#狗狗币作为马斯克的特斯拉官网唯一指定的付款方式之一
$DOGE

#MemeWatch2024
$DOGE #狗狗币作为马斯克的特斯拉官网唯一指定的付款方式之一
The mass adoption of Dogecoin as a currency will shock the world, when businesses around the world start accepting Dogecoin as a payment method, there will be a 20-30 dollar situation
🐕💸#狗狗的价格必将发射月球
Never forget who tried to convince you to sell your $PEPE , block them, hide them, forget them. #记住是谁告诉你买更多的 $PEPE Prediction of the price will surely fly beyond the earth 嘎 ...
🔥🐅

Brother, don't pay attention to your rocket, please place an order for our doge dog. The $1 you said has not been realized yet. If not, please tell us about the story and development of Bitcoin. We don't believe in Satoshi Nakamoto or V God in the currency circle, but you. You are the strongest king of shouting orders, the king of narrative, the king of traffic, the king of leading orders, the king of kings, I support ham sausage #狗狗币作为马斯克的特斯拉官网唯一指定的付款方式之一

$DOGE Dogecoin can really go up

This wave of original IPs will have a consensus mechanism for the market.

A few days ago, I pointed out CEL and TURBOL in the community, and they have been flying these days!

But in one sentence, small funds are highly leveraged, and large funds are deleveraged! ! I wish all brothers to get rich! !

$SOL $ETH #狗狗币作为马斯克的特斯拉官网唯一指定的付款方式之一 #狗狗币原主去世了