DOGE price analysis: PayPal's Favourable Information is unlikely to save the market, precious metals big dump puts pressure.

Today, I analyzed DOGE, which saw a slight fall of 1.74%, dropping from $0.24 to $0.23. I conducted a depth analysis on this somewhat subdued trend. First, the news from PayPal became a double-edged sword. Although the policy of enabling cryptocurrency payments attracted market attention, funds favored mainstream coins like Bitcoin, and DOGE was certainly not among the top choices. Coupled with the drastic fluctuations in the gold and silver markets, under the pressure of global sell-offs, cryptocurrencies naturally found it difficult to escape the influence of risk aversion sentiment. In short, the timing for the optimistic predictions from the technical perspective for the fireworks to bloom is still far from coming. I will remain vigilant and observe how the market responds to these changes.