Is buying $BTC (60k) and $DOGE (0.08x) risky right now?
✅ I bought around the 60k region (shared in a previous post).
🟢 Regarding timing, I lean towards the market having a rebound within a few weeks after the SpaceX IPO event.
🔴 However, current selling pressure remains fairly high. If the market continues to correct, the zone I watch for bottom formation would be around 55-58k (though additional confirmation signals are needed).
👉🏻 My short‑term sideways expectation is 60k‑63k (to keep the market stable and buying pressure returning).
📊 For $DOGE, the next DCA zone I’m tracking is 0.06x‑0.072. For Altcoin AE, consider taking profit after hitting the DCA zone, as this season is uncertain for older projects.
Currently, the SpaceX IPO is the focus of attention and may be attracting a portion of speculative capital in the market. Meanwhile, on‑chain data also shows many whales have started accumulating around the 59‑60k range recently.
📊 From a valuation perspective, for $BTC this price zone is considerably more attractive than the average purchase price of many funds, ETFs, and numerous investors who are stuck on the upside. If the market returns to its previous peak, the potential profit ratio remains very large, making it worth AE’s attention.
☑️ Why does this post mention BTC and DOGE?
• SpaceX just announced it holds more than 18,000 BTC, significantly higher than previous estimates.
(meaning they trust and invest in this asset)
• DOGE remains tied to Elon Musk. A strong narrative or a timely tweet can quickly move DOGE, often making it one of the market's fastest‑reacting coins.
• On‑chain data also records notable accumulation activity by several large wallets around the current price range.
📍Crypto still lacks a strong enough narrative to attract new capital. If, during July, additional policy (regulatory clarity) or liquidity support emerges, the market could see a considerable rebound.
🔺 The above is my personal viewpoint for reference and not investment advice.
