2026-01-03 17:21:34

Recently, Dogecoin's activity has significantly increased, and many institutions and analysts are discussing the possibility of a mild upward trend. From social media heat, there is indeed some improvement, but whether this rally can continue remains a divided opinion in the market.

To be honest, as the oldest meme coin, DOGE has always been a barometer of market risk appetite. When it starts to move, it often indicates that the hot money in the entire market is shifting, and the meme sector tends to become restless. This scenario has occurred many times in history, each time triggering a wave of emotional trading.

But if you look closely at the data, you'll find a problem—since the beginning of 2023, DOGE has not hit a new high for 1701 days. This is no small matter. Being unable to break previous highs for such a long time indicates significant selling pressure above. Investors trapped at high levels are waiting to cut losses, and once the price approaches the previous high, sell orders will flood in. This creates enormous psychological pressure.

From a cyclical perspective, meme coins generally have shorter and crazier cycles than mainstream coins. It's now hard to determine whether we are still in the previous cycle or not. Maybe we've entered a new cycle, or perhaps the concept of cycles doesn't even apply to meme coins. It's hard to say for sure.

Operational advice: Dogecoin is suitable for short-term trading; don't expect long-term holding to make you rich. If a volume breakout above the historical high occurs, you can try a small position, but you must buy and sell quickly and set stop-loss orders in advance. The volatility of meme coins is too extreme—today it can rise 30%, tomorrow it might fall 20%. If you can't handle the psychological pressure, you'll be forced out.

One more thing to be cautious about—recent reports mention abnormal trading events, which usually indicate manipulation by large funds in the shadows. When encountering such situations, be extra cautious. The temptation of short-term surges should not lead to blind follow-up; it could very well be a carefully set trap.

DOGE4,21%

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StillBuyingTheDip

· 11h ago

1701 days without a new high, how terrifying is this selling pressure? When the short-covering comes out, it's slaughter. You can play short-term, but don't think holding Dogecoin will make you rich overnight. Wake up, everyone. Be truly cautious about abnormal trading; big funds are playing psychological warfare. The rhythm of a 30% rise and 20% fall—if your mentality isn't good, you'll be liquidated immediately. I've seen too many cases like that. Only when breaking through the previous high do I dare to try with a small position, but you need to be as fast as a shadow—quick in and out. Regarding the meme coin cycle, honestly, no one really understands it now. Hot money shifting is a fact, but can this wave continue? I think it's uncertain.

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MissedAirdropBro

· 01-03 17:51

1. 1701 days without a new high... The pressure really can't be sustained, and as soon as the short-term traders start to exit, it's over. 2. Short-term trading is okay, but don't be greedy. When approaching a high point, sell immediately, really. 3. Meme coin cycles are unpredictable, now it's all just gambling, brother. 4. Abnormal trading? Then be extra cautious, big players are secretly digging traps. 5. Fluctuations like 30% up and 20% down can really shake the mindset of those who are not mentally prepared. 6. To put it simply, DOGE is just a market sentiment indicator, don't treat it as a treasure. 7. High popularity doesn't mean it will rise; it depends on whether it breaks through or not. If it doesn't break, it's just a trap. 8. Quick in and out is indeed a reliable strategy; holding meme coins long-term is just asking for death. 9. It's been 1701 days, and still hoping to turn things around. Honestly, this business is tough. 10. Looks like it's about to rise, but actually it's just big players collecting chips.

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SelfRugger

· 01-03 17:47

1701 days without a new high, this selling pressure is really intense. Once the short covering comes out, it’s game over. Is big money manipulating from the shadows? We small investors simply can't compete. Better to stay on the sidelines. DOGE is fine for short-term trading, but avoid long-term holding. Don't risk your sanity. This wave of hype is just so-so. Waiting for the signal to get cut off. I see others hitting the daily limit and want to chase, but better set stop-loss orders first. Avoid crowded places; there are too many traps. Meme coins are just gambling. If your psychological resilience isn't strong enough, don't play. Unable to break through 1701 days, the pressure from above is unbearable for anyone. Unusual trading activity is frequent, big players are setting traps. Short-term buying and selling is the right way; greed will kill you.

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DevChive

· 01-03 17:42

1701 days without a new high, this data is really incredible. It looks a bit like big players holding tight for a big move. Dogecoin now is like casino chips; hot money rushes in and starts to stir, making it impossible to tell if it's a real breakout or just a trap to lure more in. Short-term trading is possible, but don't be greedy. Once volume breaks a new high, you should exit immediately. Meme coin volatility is truly outrageous. Regarding abnormal trading, I want to remind you that during these times, it's often large funds setting a trap. No matter how tempting, it's not worth it. Mild upward trend? I think 80% of the time it's just institutions hyping concepts. Once retail investors follow suit, they start to harvest. This cycle concept doesn't really apply to Doge at all. Just don't overthink it—try a small position if there's an opportunity, and run if you lose. High popularity doesn't equal a real market. Don't be fooled by social media hype; be cautious when needed.

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RektButAlive

· 01-03 17:38

1701 days without a new high, that's the real problem. The short squeeze can force you out. Since the beginning of 2023, you've been trapped, which shows you know everything, right? Meme coins are okay for short-term trading, but don't expect to win long-term without effort. You need strong mental resilience. Be cautious about abnormal trading activity; big players are positioning themselves. The cycle doesn't really apply to meme coins at all—this statement is spot on. Once approaching the previous high, sell orders will be dumped, and the price will crash—this is a psychological battle. After 1701 days without a breakthrough, with such heavy selling pressure, how do you play? Quick in and out, set stop-losses before entering, or meme coins might wipe you out. A move like a 30% fluctuation followed by a 20% drop—if your mental strength isn't enough, don't touch it. When abnormal trading activity is high, it's usually a trap. No matter how tempting, don't follow blindly. Short-term trading is possible, but keep positions light. Don't bet everything. The concept of meme coin cycles might have already become invalid. Those who don't set stop-losses before a surge are all just newbies—remember that.

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WealthCoffee

· 01-03 17:36

1701 days without a new high, how desperate is this selling pressure? Once the short-covering appears, it's game over. Dogecoin can be played in the short term, but don't expect to earn passively. If your mentality collapses, you'll get cut. Be truly cautious about abnormal trading; there have been many instances of big funds stabbing from behind. No one can predict the meme coin cycle; I personally think it's fine to try with a small position. A 30% rise and a 20% fall—these fluctuations are really outrageous. If you can't handle it, don't touch. Short-term volume breakthroughs can be a good entry point, but set your stop-loss properly. Fast in and out is the hard rule. When hot money shifts, it means risk appetite is rising. But how long can this last? Question mark. It's basically gambling on sentiment—betting that the market still has people to take over. Don't be the last one holding the bag.

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ruggedNotShrugged

· 01-03 17:31

1. 1701 days without a new high, how much pressure is that? When the short squeeze comes, it will break through directly. 2. Doge is now just bait; big funds are fishing. Don’t be fooled. 3. The cycle of meme coins is something the more absolute you are about it, the easier you are to be proven wrong. It’s just a matter of betting on the atmosphere. 4. Short-term trading is okay, but I really don’t believe it can break through the previous high. The selling pressure is too terrifying. 5. The combination of abnormal trading + sharp rise, I knew it was about to be a harvest for the early birds. 6. Such outrageous volatility, if your mentality isn’t good, don’t touch it. It can really drop unexpectedly. 7. Too many people are trapped; once it approaches the high point, it will crash. That’s the rule. 8. Meme coins are suitable for quick profits; hoping to get rich by holding long-term is just a daydream. 9. Seeing the hype rise, it’s actually just the prelude to retail investors getting trapped. 10. Short-term buy and sell is correct, but you need to think clearly if you can really exit quickly.

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