$DOGE
Recently, the price trend of DOGE has undergone significant changes. Previously, its price reached a high of 0.42, which had the potential for further breakthroughs, but it is now affected by factors such as market liquidity conditions and the market sentiment fluctuations triggered by the significant rise in Bitcoin, leading to a correction phase.
Despite Bitcoin's strong upward momentum and continuous new highs, DOGE has failed to benefit from it. On the contrary, whenever Bitcoin experiences a correction, DOGE almost always declines in sync, indicating its lack of ability to rise independently.
In terms of the current market situation, if Bitcoin only makes slight corrections at high levels, DOGE's price is likely to slide towards the 0.36 level.
For the operational strategy of DOGE, the focus should currently be on short positions, with the expected price level set near the support level of 0.365.