{ "id": 52290, "date": "2025-10-20T16:34:36", "date_gmt": "2025-10-20T09:34:36", "guid": { "rendered": "https:\/\/hbbgroup.net\/is-the-dogecoin-bull-run-over-analyst-sees-echoes-of-2021-2\/" }, "modified": "2025-10-20T16:34:36", "modified_gmt": "2025-10-20T09:34:36", "slug": "is-the-dogecoin-bull-run-over-analyst-sees-echoes-of-2021-2", "status": "publish", "type": "post", "link": "https:\/\/hbbgroup.net\/en_us\/is-the-dogecoin-bull-run-over-analyst-sees-echoes-of-2021-2\/", "title": { "rendered": "Is The Dogecoin Bull Run Over? Analyst Sees Echoes Of 2021" }, "content": { "rendered": "
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Cantonese Cat argues that Dogecoin remains structurally primed for a late-cycle surge that would track the pattern of prior crypto bull markets, insisting that the coin\u2019s decisive move has not yet arrived. In a 50-minute market analysis published on Oct. 19, the analyst ties Dogecoin\u2019s setup to liquidity cycles and inter-market signals, but emphasizes that the DOGE read is simple: the market hasn\u2019t seen the characteristic Dogecoin breakout that, in past cycles, has coincided with Bitcoin\u2019s final acceleration.<\/p>\n

\u201cWhenever you have Bitcoin going up, Dogecoin also is forming a pretty decent base,\u201d he said<\/a>, noting that DOGE has participated only marginally while Bitcoin has ground higher. The trigger, in his view, is explicit. \u201cOnce you have Doge breaking into all-time high\u2026 that can happen in a hurry\u2026 once you have Doge breaking [its] all-time high, generally that\u2019s when the acceleration phase of Bitcoin begins.\u201d He frames that relationship as a recurring feature of cycle dynamics rather than an exception, arguing that the absence of a Dogecoin all-time-high breakout is one of several reasons he rejects the thesis that the broader crypto cycle has already ended.<\/p>\n

Is The Dogecoin Bull Run Over?<\/h2>\n

Cantonese Cat links that call to the broader backdrop of risk appetite and liquidity, but he repeatedly narrows the lens to DOGE itself. He characterizes recent price action as a wear-you-out phase\u2014punctuated by a sharp deleveraging \u201clast week\u2026 with a big giant wick\u201d\u2014that has hardened bearish sentiment without invalidating the longer-term structure. \u201cWe haven\u2019t had Doge breaking the all-time high yet\u2026 We have the deleveraging event, but we haven\u2019t had [the] breakout into all-time high,\u201d he said, adding that the coin\u2019s base-building is consistent with how earlier cycles have unfolded before rapid upside.<\/p>\n

Part of his conviction stems from how he reads Bitcoin dominance<\/a> and the timing of altcoin rotations. He argues that dominance has run for \u201c2022, 2023, 2024, almost the bulk of 2025,\u201d looks \u201ca little bit tired,\u201d and has been moving sideways for roughly a year. In his framework, a turn lower in dominance would not necessarily mean Bitcoin weakness; rather, it would imply outperformance by altcoins.<\/p>\n

\"Dogecoin
Dogecoin vs Bitcoin price analysis | Source: X @cantonmeow<\/figcaption><\/figure>\n

\u201cIf we end the cycle right here\u2026 this will be the very first time ever that we haven\u2019t had any rotations from Bitcoin to altcoins and we haven\u2019t had that parabolic phase\u2014and this time would be different.\u201d He is explicit that he does not buy the \u201cthis time is different\u201d narrative, stating, \u201cI just don\u2019t really think that the cycle is different from [the] previous [one]\u2026 because things are still playing out.\u201d<\/p>\n

The Dogecoin-specific takeaway is that the market\u2019s recent stress does not negate the historical sequencing he expects. He argues that the coin\u2019s signature move typically arrives after prolonged compression, often in a condensed window.<\/p>\n

\u201cLast time [it] only happened within like a couple months and next thing you know it\u2019s just like whoa what happened,\u201d he recalled, cautioning that DOGE\u2019s acceleration window can open quickly once resistance gives way. That pattern recognition underpins his pushback against entrenched pessimism: \u201cA lot of people are just extremely bitter about Doge because this cycle has been wearing everybody out,\u201d he said, but he views that sentiment as typical of pre-breakout conditions rather than evidence of structural failure.<\/p>\n

Cantonese Cat repeatedly stresses that he is not giving financial advice and allows that his call could be wrong. Still, he returns to the same fulcrum: Dogecoin hasn\u2019t delivered the hallmark event of a completed cycle.<\/p>\n

Until it does\u2014or definitively fails\u2014he treats the coin as coiled rather than concluded. \u201cThe reality [is], I just don\u2019t really think that the cycle is different\u2026 We haven\u2019t had that [DOGE] breakout,\u201d he said, summing up the risk-on bias that animates his view. In other words, for traders positioning around late-cycle outcomes, his message is that the \u201cDogecoin moment\u201d remains ahead of the tape\u2014and that the bears could be early.<\/p>\n

DOGE Is Price Targets<\/h2>\n

Although the analyst does not cite fresh DOGE targets in the Oct. 19 video, he defers to levels from his earlier work, where he laid out several price-target frameworks for Dogecoin. In those prior notes, he argued that DOGE could be entering Wave 3 of an Elliott Wave structure<\/a> after reclaiming the 0.618 Fibonacci retracement of the previous impulse ($0.20088).<\/p>\n

From that framework, he highlighted upside projections<\/a> around $0.48 (1.0 extension), $0.89 (1.272), $1.23 (1.414), and $1.96 (1.618). In variant commentary, he has also floated outcomes $2.00+ if a breakout accelerates, and in a more speculative scenario\u2014likely from a separate video\u2014he said, \u201cI\u2019m going to lay down the case as to why I think DOGE can hit $4 this cycle\u2026\u201d.<\/p>\n

At press time, DOGE traded at $0.201.<\/p>\n

\"Dogecoin
DOGE holds above the multi-year trend line, 1-day chart | Source: DOGEUSDT on TradingView.com<\/a><\/figcaption><\/figure>\n

Featured image created with DALL.E, chart from TradingView.com<\/p>\n<\/p><\/div>", "protected": false }, "excerpt": { "rendered": "

Cantonese Cat argues that Dogecoin remains structurally primed for a late-cycle surge that would track the pattern of prior crypto […]<\/p>", "protected": false }, "author": 5, "featured_media": 0, "comment_status": "open", "ping_status": "open", "sticky": false, "template": "", "format": "standard", "meta": { "_acf_changed": false, "footnotes": "" }, "categories": [ 1 ], "tags": [], "class_list": [ "post-52290", "post", "type-post", "status-publish", "format-standard", "hentry", "category-uncategorized" ], "acf": [], "_links": { "self": [ { "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/posts\/52290", "targetHints": { "allow": [ "GET" ] } } ], "collection": [ { "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/posts" } ], "about": [ { "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/types\/post" } ], "author": [ { "embeddable": true, "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/users\/5" } ], "replies": [ { "embeddable": true, "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/comments?post=52290" } ], "version-history": [ { "count": 0, "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/posts\/52290\/revisions" } ], "wp:attachment": [ { "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/media?parent=52290" } ], "wp:term": [ { "taxonomy": "category", "embeddable": true, "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/categories?post=52290" }, { "taxonomy": "post_tag", "embeddable": true, "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/tags?post=52290" } ], "curies": [ { "name": "wp", "href": "https:\/\/api.w.org\/{rel}", "templated": true } ] } }