Dogecoin (DOGE) price has risen strongly over the past few weeks, breaking through key resistance levels and fueling optimism in the market. However, crypto analyst Ali Martinez predicts that this upward momentum could lead to a short-term pullback.

Martinez analyzed the historical trend of Dogecoin and pointed out that in the past bull market, DOGE has experienced significant corrections. For example, when it rose 9,470% in 2017, DOGE experienced corrections of 40% and 84% respectively; when it rose 30,700% in 2021, it also experienced declines of 46% and 53%. Based on these historical patterns, Martinez believes DOGE's current rally could face a similar pullback, with the possibility of two significant corrections.

These expected pullbacks could provide room for DOGE to consolidate, setting the stage for future gains. Martinez stressed that while a pullback is possible in the short term, investors should remain patient and confident, especially in the face of the recent 13% drop, and avoid panic. He believes that only patient investors will be able to profit from Dogecoin’s long-term rise. You can pay attention to the meme series: Marvin, the old horse's beloved dog, tail number 7055, 5 times a week, thousands of people in the community, down-to-earth charity, it is difficult for such a team to grow a hundred times, Marvin, tail number 7055, the old horse will always call 745045710705949574011069967025033#Marvin也势在必行 #马斯克 2124 52899175066459976053901730751