#美联储恢复降息进程 The bull run is really here, and this time it might be more intense than expected.

Recently, I saw some foreigners claiming that DOGE could reach 7.2 dollars. At first, I thought it was exaggerated. But after looking at the data, I found that this statement is not baseless. Dogecoin is now standing at 0.18 dollars, and the logic behind it is actually quite solid.

Let's first talk about the institutional side. Grayscale and Bitwise are both racing to launch a DOGE ETF, and this is no joke. Do you remember the market movement after the Bitcoin ETF was approved? Once traditional funds enter the market, the scale is completely on a different level. DOGE is currently following this path, but at a faster pace.

The movement of funds further illustrates the issue. On-chain data shows that over the past week, whale addresses have accumulated 4 billion DOGE, and exchange balances have dropped to their lowest point in three years. The chips are decreasing, demand is increasing, and the supply-demand relationship has changed. Additionally, a number of long-sleeping addresses have started to become active, but they are not selling off; it looks more like they are preparing for liquidity.

The technical indicators are also in good alignment. A typical "Adam and Eve" double bottom pattern, with the neckline around $0.216. Once this level is broken, according to classical theory, we can expect to see at least $0.26, which will pave the way for further increases.

The most crucial factor is still Musk's influence. Every time he mentions DOGE, the market gets stirred up with expectations of "X platform integrating payments." If DOGE is really integrated into the payment system, its nature will change—from a speculative asset to an actual circulation tool, and the potential for imagination is completely different.

The breakthrough point of $0.18 is indeed important. Combining ETF expectations, on-chain chip locking, and technical pattern support, while $7.2 is aggressive, it's not impossible. This target is calculated based on historical growth ratios and currently stronger catalytic factors. There are certainly risks, but the opportunities are more apparent.

When market sentiment rises, it often exceeds rational expectations. What do you think?
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