Recently, the DOGE market has shown significant signs of recovery, and the upcoming launch of the first DOGE ETF has sparked keen interest in the market. This new development is attracting the attention of analysts and investors, who are expressing optimism about the future trends of DOGE. Analyst Bitcoinsensus emphasized the importance of DOGE this week in his comments on Monday, pointing out that the launch of the first meme coin ETF could become a significant turning point. The analyst believes that, similar to the impact that Bitcoin and Ethereum ETFs once had, a DOGE ETF could attract a large influx of new capital into the market. From a technical analysis perspective, DOGE is currently in a trend known as a "bullish megaphone pattern." Historical data shows that whenever this pattern appears, cryptocurrencies often experience significant upward movement. Based on this pattern, some analysts predict that DOGE's next price target could reach $1.40, which would represent an approximate 400% increase relative to the current price. A more optimistic prediction comes from trader CryptoELlTES, who believes that with the participation of institutional investors, the price of DOGE could even reach $5. This prediction reflects the high expectations of some market participants for DOGE's potential. Cointelegraph's report also pointed out that DOGE recently broke through a symmetrical triangle pattern that had persisted for several months, which is considered an important breakout signal in technical analysis. The report mentioned that DOGE's short-term resistance level is at $0.60, and if it can break through this level, the upward momentum may further accelerate. While these predictions are exciting, investors still need to proceed with caution, fully recognizing the high-risk nature of the cryptocurrency market. The next stage of DOGE's market may bring significant price fluctuations, with potential gains or risks being quite considerable. Before making any investment decisions, it is recommended that investors conduct thorough research and risk assessments.

Evening Bitcoin and Ethereum operation suggestions and direction sharing. From the current market data, BTC has slightly pulled back and stopped falling before transitioning to a sideways range, with the short positions' dip momentum temporarily halted. Currently, it is correcting some local indicators. The hourly level shows that the Bollinger Bands are still in a continuously expanding formation, with the possibility of ongoing fluctuations. After a slight pullback, it currently gives a bullish rebound trend, but the rebound strength is not as strong as before, with solid bars accompanied by upper and lower wicks. Although the upper wick is relatively long, it retains signs of rebound. The daily chart and hourly moving averages are both developing upwards, indicating that the short-term bullish trend is expected to continue upward. Therefore, the evening operation suggestion is to adjust the direction mainly to go long on pullbacks. Go long in the 116800-116300 range, looking at 118200. Go long in the range of 4560-4530 for BTC, look for 4670.

Recently, the Ethereum (ETH) market has shown strong momentum, with its price breaking through the key psychological barrier of $4,500, currently hovering around $4,580. This breakthrough has attracted widespread attention from the market, and investors are speculating on ETH's next move. From a technical perspective, ETH has stabilized above the 100-hour simple moving average, which is typically seen as a positive signal. Previously, ETH had followed the overall cryptocurrency market's pullback but found support around $4,415 and then began to rebound. It is worth noting that ETH has successfully broken through a downward trend line near $4,550, which further boosts market confidence. Currently, investors are closely watching the key resistance levels of $4,635 and $4,680. If ETH can break through these resistances, it may open up space for further upside, and it is even expected to test $4,720 or higher levels. However, there is also uncertainty in the market. If ETH cannot break through the resistance at $4,680, we may see a wave of correction. In this case, around $4,580 may become an important support level. Overall, the short-term trend of ETH will largely depend on whether it can break through the key resistance levels mentioned above. In any case, given the volatility of the market, investors should exercise caution when making decisions and fully consider risk management strategies.