Feb 10, 2026
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BEARISH 📉 : Dogecoin faces further decline before potential market bottom
Crypto YouTuber VisionPulsed suggests Dogecoin's current market phase is nearing "capitulation," rather than forming a definitive bottom. He points to persistent bullish sentiment in the crypto community as an indicator that further declines may be necessary.
- VisionPulsed describes retail optimism fading and a final washout occurring when even steadfast bulls relent, potentially signaling a market low.
- The cycle's repetition is attributed to new entrants resisting trend reversal, with content creators favoring bullish narratives for engagement despite deteriorating conditions.
- Indicators like the Stochastic RSI for Bitcoin are used to assess potential countertrend rallies, warning they might only reset before another decline.
- Capitulation lows could coincide with narrative shocks or "black swan" events, which traders retrospectively view as catalysts for downturns.
- Dogecoin's historical bottoms align with oversold RSI levels, yet current conditions haven’t reached this point; a further decline to approximately $0.05 is anticipated.
- While VisionPulsed does not predict an exact bottom, he believes the correction is nearing completion, forecasting a potential larger rally post-spring.
He advises caution against premature "bear market over" narratives until market momentum resets and sentiment shifts significantly.
At the time of reporting, Dogecoin is priced at $0.09345.
