Today, many severely oversold coins are rebounding, like SLF, which looks quite dangerous when combined with the overall market. This kind of rally may indicate that the overall market is set to continue its downward trend. These severely oversold coins, in order to avoid breaking new lows, can only rally in advance, and then drop again along with the overall market. This pattern looks very appealing, for example, SLF might form a double bottom structure. Additionally, for Dogecoin, if the overall market declines, Dogecoin’s trend will inevitably drop to around 0.28. Hold onto your spot positions and don’t sell.

Also, don’t pay attention to what they say, but rather to what they do. I am fully invested in spot Dogecoin and SLF, and I won’t sell a single unit. I just wrote this in advance in case Dogecoin really drops to around 0.24; don’t panic. If you have money, buy the dip; if you don’t, just watch. Everything is just beginning.