Can Dogecoin break 1 dollar again?

I believe everyone's position is probably around 0.4. Can we still break even now? This is the question everyone cares about.

Let's think about it, why did Dogecoin surge so much back then?

There are actually three reasons:

1: (Trump's election) At that time, the hype was constant, and the crypto market welcomed a wave of enthusiasm.

2: (Musk's shoutout) Musk, as the top supporter, shouted out and drove Dogecoin to surge, which was also expected.

3: As a popular coin, along with the two biggest hot topics above, Dogecoin rose all the way benefiting from them.

But why is it declining now? It’s actually following the overall market, experiencing a continuous decline. After all, Trump hasn't officially taken office yet, plus the recent comments from old Powell about not allowing Bitcoin ownership, a correction is also reasonable.

So with both rises and falls being reasonable, what should we do now?

Brothers who are at a high position should not panic. The official start of the bull market is coming in January next year, which is tomorrow. Trump will take office on the 20th and lead the crypto market to new highs. After all, it has been washing out for so long, and the big players have cleaned out the bottom chips just for Trump’s official inauguration.

As for trading advice, it’s still the same as yesterday, looking bullish around 0.31. Those living at high positions should not panic; they can also consider adding positions. Now is an opportunity!