【If a 10% surge is enough to get DOGE folks all excited? I’ve seen crazier back in 2017】
A lot of people are shouting, “DOGE this time is different,” talking about “Musk is back,” “the ETF concept,” “the fundamentals have changed.” I get you—you’re just itching for it, and so am I.
But look at the data—up 10% in 24 hours, up 21% over a week, up 17% in a month. I won’t even check the funding rate, but with this kind of move, you don’t need me to tell you what the shorts are crying about in liquidation groups.
If you tell me, “This time is different,” I can only laugh. Back in 2017, I believed it; in 2021, my friends around me believed it too. The result after believing?—standing guard at the top, recovering for half a year.
FNG is now 72; the market’s greed level isn’t at an extreme. But look at DOGE’s chart—clearly outperforming the broader market. The most dangerous thing at times like this isn’t “the trend topping out.” It’s that “you think you can still make another round of profit.”
0.0845—just a tiny bit away from the resistance at 0.086. You say this is “building energy before the breakout.” I say this is the classic “it almost broke through” psychology.
The time I got cut in 2017 was when I entered because someone said, “This time is different.” What I learned then is: this market never follows reason—only people who believe in reason end up as the pick.
Now I’m not going to preach about reason. I’ll just say one thing—how much DOGE is in your position? If you’re down 20%, can you sleep? If you can’t, it’s time to consider trimming some exposure now.
Not telling you to run—just make yourself think: if tomorrow another -15% comes, can you take it?
What mindset do you have right now? If you’re itching to trade, raise your hand—I’ll see how many of you there are.
A lot of people are shouting, “DOGE this time is different,” talking about “Musk is back,” “the ETF concept,” “the fundamentals have changed.” I get you—you’re just itching for it, and so am I.
But look at the data—up 10% in 24 hours, up 21% over a week, up 17% in a month. I won’t even check the funding rate, but with this kind of move, you don’t need me to tell you what the shorts are crying about in liquidation groups.
If you tell me, “This time is different,” I can only laugh. Back in 2017, I believed it; in 2021, my friends around me believed it too. The result after believing?—standing guard at the top, recovering for half a year.
FNG is now 72; the market’s greed level isn’t at an extreme. But look at DOGE’s chart—clearly outperforming the broader market. The most dangerous thing at times like this isn’t “the trend topping out.” It’s that “you think you can still make another round of profit.”
0.0845—just a tiny bit away from the resistance at 0.086. You say this is “building energy before the breakout.” I say this is the classic “it almost broke through” psychology.
The time I got cut in 2017 was when I entered because someone said, “This time is different.” What I learned then is: this market never follows reason—only people who believe in reason end up as the pick.
Now I’m not going to preach about reason. I’ll just say one thing—how much DOGE is in your position? If you’re down 20%, can you sleep? If you can’t, it’s time to consider trimming some exposure now.
Not telling you to run—just make yourself think: if tomorrow another -15% comes, can you take it?
What mindset do you have right now? If you’re itching to trade, raise your hand—I’ll see how many of you there are.