Dogecoin's long-term monthly chart presents an interesting technical phenomenon. By observing historical trends through Fibonacci extension lines, it becomes evident that two complete market cycles have played out similar stories at key levels.

In the first cycle, Dogecoin's peak precisely coincided with the 4.236 Fibonacci level. The second cycle once again confirmed this, with the highest point aligning exactly with this level. Two cycles separated by several years surprisingly point to the same technical target — this is certainly not a coincidence but reflects an intrinsic pattern in market structure.

If this pattern continues to extend into the next cycle, the data provides a quite clear signal: Dogecoin's upcoming cycle top may once again align with the 4.236 Fibonacci level, which, based on current calculations, is approximately at 33.25@E5@ USD.

Of course, history will not repeat itself exactly, but markets often cycle with remarkable similarities. So far, Dogecoin's performance has almost precisely followed its long-term Fibonacci framework. It is worth continuing to observe whether this cycle can break the pattern or further validate the effectiveness of this model.