Hello everyone, I am a heavy DOGE holder. Here I’d like to share my recent assessment of DOGE. Feel free to leave comments and discuss.

**The current market isn’t looking very optimistic**
As of almost 11 PM tonight, the price is $0.14185, down 4.28% in 24 hours, with a 6.48% volatility. Recently, it dropped from $0.1522 to $0.1477, failing to hold the key support at $0.1487. The RSI indicator keeps heading down, so the bears are still in control in the short term.

**But the on-chain data is interesting**
Active addresses surged to 71,589, the highest since September. In the past 48 hours, whales have scooped up 480 million DOGE, with over 500 million accumulated by large holders in this wave. This suggests someone is bottom-fishing at these price levels.

**Looking at the long term, there’s still hope**
Some analysts say we’re in a historical accumulation zone now, with the $0.13 to $0.09 range being a cluster of bullish orders. If DOGE can hold this bottom support, it may gradually test resistance levels upwards. The potential target for this cycle is around $0.70-$0.75, with further milestones at $0.50, $1, or even $2. Also, judging from the indicators, DOGE isn’t overheated right now, and the proportion of long-term holders at a loss has dropped significantly, which is a good sign for the market going forward.