📉 Dogecoin's Fall and Market Opportunities

Recently, Dogecoin has fallen again, reminding us of an essential detail: it is a cryptocurrency with no emission limit, which reduces its value in a bear market. In addition, it suffers when tech stocks fall, following a similar trend to Bitcoin.

What can we expect?

With the US elections looming, Dogecoin is likely to remain low until a day or two before the event, when it could show a turnaround. Here, keeping an eye on what Elon Musk says could be key: any mention of Doge could be a signal to enter the bull market (always keep an eye on his twitter).

🎯 Short-Term Strategy: Short Selling with Controlled Risk

As long as this trend continues, short selling can help mitigate risks. At the same time, observe support levels and the behavior of other cryptos to make informed decisions.

Extra Points to Consider:

⚖️ US regulation changes can create volatility, especially these days when they are shown to be biased.

🔍 Diversifying across multiple cryptos reduces overall risk.

This is not an investment recommendation, it is just informative, knowledge is power.

If you want a small income, use my red envelope: BPAXPO0X01.

Thanks for everything, blessings.