The MACD fast line on the DOGE weekly chart has crossed the zero line, so it's no longer advisable to chase the price higher. The heroes are all fading away.
The peak for DOGE in this round was 0.485 in December of last year. The DOGE bull market ended at the end of last year, so I haven't paid much attention to it this year, nor have I traded it.
Buying DOGE spot at the bottom still yielded substantial profits. This round saw a nearly tenfold increase from 0.0485 to the peak of 0.48. In other words, if you bought 1.2 million DOGE at the bottom and did nothing, simply placing a sell order at 0.485, you could have made 10 million in just over a year.
The next bear market bottom-fishing opportunity is still 0.085-0.05.
My DOGE spot position in this round was bought at a cost price of 0.055 in 2023, but unfortunately, I sold it off between 0.12 and 0.18. At its peak, I had 12 million DOGE (worth $5.82 million if I had held them at $0.485). Unfortunately, I didn't hold on. I spent most of my time dealing with contracts, so I couldn't pay attention to spot trading.