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DOGE market turnover, with dual obstacles of policy and valuation.
Today, DOGE is slightly weak, falling by 1.54%, sliding from $0.23 to $0.22. This wave of decline seems to be caused by adjustments in policy expectations and valuation confusion. On one hand, Senator Hawley's traditional fiscal stimulus proposal has led the market to reassess the priority of support for Crypto Assets, directly affecting the inflow of funds into DOGE. Meanwhile, influential analysts are questioning the current market capitalization of DOGE, especially in comparison to its market capitalization with PEPE, which has triggered a general risk aversion sentiment in the market. The shift in policy expectations is undoubtedly the core driving force behind this fall, accounting for nearly half of the impact. In addition, recent large long liquidations have exacerbated the technical selling pressure. I believe that investors should remain rational at this time and carefully assess the fundamentals to avoid being trapped by short-term fluctuations. In a volatile market, staying calm is the most important strategy.