The recent trend of Dogecoin (DOGE) has attracted attention, showing a strong rise. From a technical perspective, multiple moving averages are in a bullish arrangement, with prices steadily climbing. After breaking through the 0.22678 level, there was a slight pullback, but it remains in a strong range, and the overall trend remains intact.

What excites the market even more is the significant positive news from the policy front. According to reports, Trump has signed an executive order allowing 401(k) pension plans to invest in cryptocurrencies. This decision could bring enormous long-term capital inflow opportunities to the cryptocurrency market. As a highly emotional and popular cryptocurrency, DOGE is very likely to benefit greatly from this wave of favorable policies.

In the short term, investors should closely monitor the support level at $0.220. If it can hold at this level, DOGE is expected to challenge new highs again. From a mid-term perspective, with favorable policies combined with technical trends, bullish confidence is strong.

It is worth noting that the market for DOGE has always been known for its rapid takeoff. Once it starts to rise, it often shows a rapid surge. Therefore, investors need to remain highly vigilant and keep an eye on market trends.

However, we must remind investors that the cryptocurrency market is a mix of risks and opportunities. Although the policy environment is favorable, the market may still be influenced by various factors, such as the overall economic environment and changes in regulatory policies. Investors should comprehensively consider all aspects when making decisions and view market trends rationally.