In recent times, the cryptocurrency market has experienced increased fluctuations. Against the backdrop of a pullback in Bitcoin, some altcoins may present good investment opportunities. Among them, the trend of DOGE is worth following.

From a technical perspective, DOGE has formed a W-bottom pattern on the weekly chart, which is often seen as a potential reversal signal. However, on the daily chart, if DOGE breaks through the upper channel but fails to hold effectively, a pullback may occur after a false breakout.

It is worth noting that the trend of DOGE is somewhat correlated with Bitcoin. If Bitcoin begins a daily pullback, DOGE may also quickly drop as a result. Therefore, investors need to closely follow market movements.

For investors interested in positioning DOGE, it may be worth looking for entry opportunities near the support levels on the daily and weekly charts. Combining bottom structure analysis, building a position at the right price point could yield good returns.

However, the Crypto Assets market carries high risks, and investors should thoroughly assess the risks and manage their positions appropriately before making any decisions. At the same time, it is also crucial to continuously follow market dynamics and project developments.