Last night, I was watching the K-line of $DOGE when suddenly I remembered the old guys who bought in at $0.7 back in 2021.

Back then, one tweet from Musk could push DOGE up 30%. Now Musk posts every day, yet DOGE is stuck lifelessly around $0.14. It's like your ex-girlfriend—once, just a glance from you made her blush. Now, even if you beg on your knees for a second chance, she won't even turn to look at you.

Current situation: Technically, it's a clear downtrend. Price has broken below all moving averages, and the MACD histogram is greener than my mood. RSI has dropped to 33, oversold, while trading volume has shrunk as if everyone has gone home for the Lunar New Year.

DOGE is now just a tool manipulated by institutions. Look at the fund flow data—millions of dollars net outflow in the past 24 hours, big players dumping. Retail investors still scream "diamond hands," unaware they've already been harvested like韭菜 (scallions) by the pros.

Community sentiment survey shows: 50% still hope for a rebound, 30% have given up and are lying flat, only 20% are cutting their losses. This ratio tells us a truth: most people never learn to cut their losses. They'd rather dream with losing positions than face reality.

But here's the but.

$0.138 is a strong support level. It used to be paradise for many, now it might be the gateway to hell. If this level breaks, the next target is $0.12—then it'll truly be a bloodbath.

Overbought assets always rebound eventually—this is market law. The question is, where will it rebound to? $0.144? Or straight to $0.15, making you think the bull market is back?

My advice: If you're still in the red, don't dream about breaking even. The market owes you nothing—losing money is your tuition. If you want to bottom-fish, wait until $0.138 shows real stabilization. Don't catch a falling knife.

Those who bought at the peak in 2021 and are still waiting to get out? Their money has long since become someone else's profit.