I recently looked at DOGE's price movement and have some thoughts to share. During this current bear market phase, DOGE's trading volume is actually holding up pretty well, which indicates that big funds haven't truly given up on it. I believe that when the next bull market arrives, DOGE still has a lot of potential.

The MEME track has changed very quickly over the past two years. In the last bull market, SHIB was the star, and this time, PEPE has taken the spotlight. But it's hard to predict who the MEME leader will be in the next bull cycle. However, there is one exception—DOGE. It is the true dominant MEME coin, consistently performing well in every bull market, and this has become a market consensus. Because of this, big funds tend to choose DOGE when positioning in the MEME sector, as it has a large market cap, good liquidity, and strong market consensus, making entry and exit very convenient.

Essentially, DOGE now is like the blue-chip coin in the crypto space. Its value isn't based on short-term stories but on a few key factors—sufficiently long-lasting consensus, large trading volume, and a deep user base. These factors make it less likely to be eliminated. Maintaining such fundamentals during a bear market makes it even more competitive when the bull market comes.

From a technical perspective, honestly, it's very difficult to precisely determine where DOGE's bottom is right now. The moving average structure hasn't fully stabilized yet, and from a time perspective, it probably still needs to continue consolidating. I estimate it will take at least another six months or so to gradually form a relatively clear bottom range.

My suggestion is to stay patient. Based on the timeline, the bottom should appear in the second half of this year. If I had to pick a specific level, I think the range of 0.05 to 0.07 is a good first entry point. This price range will offer good profit potential when the next bull market arrives.