Dogecoin News Today: Analyst Flags Multi-Year Bear Markets in DOGE and Altcoins

Charts Show Multi-Year Downturns in Dogecoin Altcoins MARA and SOFI
Dogecoin News Today
Written By:
Yusuf Islam
Reviewed By:
Radhika Rajeev
Published on

Crypto analyst Cantonese_Cat has outlined extended bear-market periods across Dogecoin, altcoins, MARA, and SOFI, while questioning whether a new bull phase could be beginning. The charts, shared on X, show multi-month and multi-year downturns across these assets. The analyst listed specific timeframes for each decline. He then suggested that a shift into a bull market from current levels could open the door to renewed momentum.

According to the post, Dogecoin faced a 15-month bear market from 2024 to 2026. Altcoins, tracked through the OTHERS.D dominance index endured a four-year downturn from 2022 to 2026. Meanwhile, MARA experienced a two-year decline between 2024 and 2026. SOFI saw a one-year bear cycle from 2023 to 2024.

analyst

The analyst concluded the post with a conditional statement. He wrote that if a bull market begins from current levels, he would “allow it.” The message framed the current moment as a potential turning point.

Dogecoin and Altcoins Face Extended Downturns

The first chart referenced Dogecoin. It marked a 15-bar period on the monthly timeframe. That span covered 2024 through 2026.  Next, the analyst pointed to the OTHERS.D index. This metric tracks crypto market cap dominance, excluding the top ten assets. The chart showed 45 monthly bars. That count reflected a four-year bear stretch from 2022 to 2026.

analyst

During that period, the index moved lower across several cycles. The timeframe indicated sustained pressure on the broader altcoin market. As a result, smaller digital assets lagged behind larger caps.

MARA and SOFI Mirror Broader Weakness

The third chart focused on MARA Holdings. The monthly chart displayed a 24-bar downturn. That period spanned 2024 to 2026. Price action showed extended weakness across multiple quarters.

analyst

In addition, the analyst referenced SOFI Technologies. The stock chart marked 13 monthly bars of decline. That one-year bear cycle ran from 2023 to 2024. The timeframe stood shorter than others but still reflected sustained downside.

Together, these charts presented a pattern. Each asset endured a prolonged bearish phase. The durations varied, yet the trend direction aligned.

Read More: CLARITY Act Faces Pushback From Coinbase as Senate Delays Markup Vote

A Conditional Shift Toward a Bull Phase

After listing the timeframes, the analyst  posed a scenario. He asked what could happen if a bull market begins from here. The statement did not confirm a reversal. Instead, it framed a possibility.

He then added a phrase tied to his online persona. He wrote that if a bull market emerges, he would “allow it.” The wording suggested readiness for a potential shift.

The charts did not project price targets. They did not define resistance or support levels in the post text. Instead, they focused on duration. The emphasis remained on how long each bear market lasted.

The post, therefore, centered on timing. It compared the length of downturns across crypto assets and related equities. It also introduced a single question: could the next phase mark the start of a broader bull cycle?

Market Outlook  

Cantonese_Cat outlined long bear cycles across Dogecoin and altcoins via OTHERS.D, MARA, and SOFI using monthly charts. The post focused on how long each downturn lasted. It also raised the possibility of a new bull phase from current levels. Traders can watch for confirmation before acting.

Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp

Related Stories

No stories found.
logo
Analytics Insight: Latest AI, Crypto, Tech News & Analysis
www.analyticsinsight.net