Pray, allow me to impart upon you the latest musings from the realm of digital currency, where the whimsical Dogecoin finds itself in a predicament most dire. According to the sagacious crypto commentator, VisionPulsed, the drawdown of this peculiar coin may yet linger in its “capitulation” phase, a state of affairs that suggests the market has not yet exhausted its capacity for inflicting distress upon the unwary investor. In a video discourse dated the eighth of February, he posited that the lingering optimism amongst the denizens of Crypto Twitter and YouTube is but a harbinger of further tribulations to come.
In his most recent treatise on the subject, VisionPulsed observed that the current scenario is less a matter of technical inflection and more a repetition of a familiar cycle. Retail enthusiasm, he notes, wanes gradually, and the final “washout” occurs only when even the most steadfast bulls lay down their arms. It is then, and only then, that a durable low may be expected to form. “More and more souls are adopting a bearish countenance,” he remarked, “and when we at last breach this nadir, it shall be too late for all shall declare it so, though the bottom shall already be upon us.” He further quipped, “The very presence of those who still proclaim bullish sentiments on YouTube is proof positive that we have not yet descended far enough into the abyss.”
VisionPulsed, with a touch of irony, remarked upon the market’s propensity to “repeat the same farce,” wherein the same bearish indicators persist due to the influx of new participants, each convinced that the cycle is unique. He also hinted that the incentive structure of crypto content creation may exacerbate this dynamic, as creators are wont to maintain a bullish stance to sustain engagement, even as the broader market crumbles. “The reason I introduce this charade,” he said, “is to illustrate how the market can perpetually reenact the same tragedy. We observe the same indicators, yet instead of my voice alone proclaiming bullishness, there are now others on YouTube who echo the sentiment. Alas, humanity is ever prone to repeating its errors.”
On the matter of timing, VisionPulsed directed attention to momentum tools, particularly the Stochastic RSI for Bitcoin across multiple timeframes, as a guide to discern whether any countertrend rally is but a prelude to another decline. He cautioned against placing undue faith in widely cited catalysts, such as the CME gap, noting that a similar setup in May 2022 proved unreliable. “Rallies,” he warned, “have a tendency to ‘fizzle out’ when the Stoch RSI reaches overbought territory. If the market behaves as expected, it may ascend into overbought levels before descending once more; if not, a rollover may occur without the customary overbought signal.”
He further argued that capitulation lows are often accompanied by a narrative shock, a “black swan” event that traders subsequently attribute as the cause, despite the market already being structurally predisposed to decline. “Before the black swan,” he advised, “seek the black swan.” He cited past episodes, such as the Terra/Luna collapse, as examples. “Do not be astonished,” he added, “if many declare that crypto is finished, that it is utterly detestable. When such sentiments prevail, there you shall find the bottom.”
Specifically regarding Dogecoin, VisionPulsed noted that historical bottoms have typically coincided with the RSI reaching oversold conditions, a state which DOGE has not yet achieved in the current downswing. “We are but one more leg down from reaching oversold territory,” he stated. “If I were a wagering man, I should predict that the next move downward shall carry Doge to 5 cents.” He was careful to emphasize that he does not claim to pinpoint the exact bottom, allowing for the possibility of a later macro shock producing a second low, akin to the COVID-era pattern he referenced. Nonetheless, his base case is that the correction is “likely nearing its conclusion,” with a more substantial rally anticipated after spring. He even ventured a longer-term prediction, suggesting that Dogecoin’s “true bull run” might commence around July 2027.
For the present, his counsel to DOGE traders is clear: until momentum resets and sentiment fully capitulates, the notion that the “bear market is almost over” may be premature. The next decisive move, he warns, could be the one that finally forces capitulation.
At the time of this composition, DOGE was trading at $0.09345.
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2026-02-10 01:38