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

In the first cycle, Dogecoin's peak coincidentally falls on the 4.236 Fibonacci level. The second cycle again confirms this, with the highest point precisely aligning 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 inherent 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.

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