It's been a while since I last talked about Dogecoin. Considering the current macro environment, the main external factor suppressing Dogecoin is the persistent global inflation, with tensions in the Middle East pushing up oil prices and further increasing inflationary pressures.

The Federal Reserve is forced to maintain high interest rates, with rate cut expectations continually pushed back, and global liquidity remains tight. In this environment, high-risk, highly volatile assets without intrinsic value are the first to be abandoned by funds.

Dogecoin perfectly fits these characteristics and naturally becomes one of the biggest victims of macro tightening. The overall US stock market and crypto markets are relatively weak, risk asset valuations are continuously being lowered, and Dogecoin has no reason to rise against the trend. Historical experience shows that during macro tightening cycles, all risk assets decline, just to varying degrees.

As a high-risk altcoin, Dogecoin's decline will only be greater, and the adjustment period longer. Do not be disturbed by short-term news; see the macro trend clearly. Currently, adopting a short-term bullish mindset is key to surviving the bear market and maintaining profits.

Trading suggestion: Short near 0.09100-0.09180, targeting 0.08960-0.08900, break below 0.08860.