Japanese firm Metaplanet Inc. (TSE: 3350) reported the acquisition of 136 BTC 
for approximately $15.2 million at an average price of about $111,666 per 
bitcoin, raising its total holdings to 20,136 BTC, acquired for about $2.08 
billion at an average cost of about $103,196 per bitcoin as of September 8, 
2025. The Tokyo‑listed bitcoin treasury […]

Metaplanet Buys 136 BTC, Reports 487% YTD BTC Yield

In a video analysis published today, the crypto chartist known as Cantonese 
Cat (@cantonmeow) laid out a multi-time-frame bullish case for Dogecoin, 
arguing that the asset is entering a third major cycle with technicals 
aligning for an upside break and multi-dollar targets—provided key resistance 
levels are cleared. “I’m extremely bullish on Dogecoin. I’m not going to be 
shy about it,” he said, adding that the current advance looks “a lot healthier 
than the last cycle.” Dogecoin Breakout Could Shock Bears Cantonese Cat frames 
the landscape first on the monthly chart, where the 20-month moving average 
has historically toggled from resistance to support at major inflection 
points. In his view, Dogecoin is now “kind of holding the 20-month moving 
average and taking a little bit of a stepwise approach on the way up here, 
forming overall higher highs and higher lows.” He also notes a quiet re-entry 
into the Ichimoku Cloud via consolidation rather than a blow-off impulse: “We 
are currently entering the Ichimoku cloud here very quietly by just going 
sideways. This is a break in of the cloud and this is bullish as far as I’m 
concerned.” Structurally, he characterizes the cycle as a classical base- 
building sequence. “It looks like a big giant cup with a handle,” he said, 
emphasizing that the handle retraced to a technically “reasonable” depth. With 
Fibonacci overlays applied, he observes that the pullback reached the 0.382 
retracement—consistent with constructive, mid-cycle digestion—before price 
resumed trend. More broadly, he argues Dogecoin has been respecting Fibonacci 
pivots in an orderly, trend-like cadence: “Basically, you’re taking three 
steps forward, two steps back. This is a very healthy bull trend until proven 
otherwise.” Related Reading: Dogecoin Holds Support as Analysts Eye Technical 
Setup That Could Trigger a $2 Super Rally On the weekly timeframe, he points 
to the confluence of the 20-week simple moving average and the 21-week 
exponential moving average—the support “band” many crypto traders track—as now 
acting as a floor rather than a ceiling. “You also broke above the support 
band resistance over here and flip into support. That’s also not a bearish 
thing here at all,” he said. The Ichimoku baseline has, in his words, been 
defended “at around 20 cents… very, very well for a long time,” while the 
20-week average is “curling up,” further reinforcing the view that momentum is 
tilting higher. He also flags a “double bottom” and a successful back-test of 
the breakout zone that, taken together, leave him expecting upside resolution: 
“I think breakout is probably imminent whenever it wants to happen.” Related 
Reading: First US Dogecoin ETF Could Debut Next Week—How Will It Impact Price? 
Cantonese Cat underscores multi-time-frame alignment as a key tell. According 
to his read, the 20-period moving average has been reclaimed on the daily, 
two-day, three-day, weekly, and monthly charts. The main near-term caveat is 
tactical: an “impulsive move” has pushed price “way outside the 12-hour 
bullish band,” which he believes explains the current pause. He also 
acknowledges a diagonal resistance line that may be undergoing a back-test, 
but does not see it as thesis-breaking. DOGE Price Targets For This Cycle When 
pressed by his own audience for destinations, he distinguishes between 
conditions and targets. He argues that last cycle’s run into a 2.272 
logarithmic Fibonacci extension is unlikely to repeat verbatim. This time, he 
sees the 1.272, 1.414, and 1.618 extensions as more realistic markers—levels 
he maps to approximately “$1.50, $2.27, and maybe close to $4.” But he 
stresses the path-dependency: “Those are going to be the requirement for some 
of these higher targets to be met” only if Dogecoin can first clear the deep 
retracement band on this cycle. “We need to break above the 0.786 and the 0.86 
this cycle,” he said, adding that “one level at a time, $0.41, $0.54, we need 
to break above those before we can really try to entertain some of these… 
greater than the dollar targets.” As for timing, he is explicit about 
uncertainty even as he reiterates direction. “All I can tell you is that Doge 
is probably ready for a big move up over the next few weeks. I don’t know when 
exactly that’s going to happen, but I am pretty bullish on Doge,” he said. He 
cautions against forcing precision on the calendar—“I never do any short-dated 
options… I don’t like to play with 3D chess and to be limited by time”—and 
instead describes a systematic accumulation strategy that has bought 
successive higher lows: “The market seems to keep giving me these higher lows 
to buy Doge at. I’m not going to say no to it.” The analytic through-line is 
that this cycle’s ascent is more measured than the last, with trend 
integrity—higher highs and higher lows, reclaimed moving averages across time 
frames, and cloud re-entry by drift rather than spike—offering a sturdier base 
for continuation. Whether that ultimately extends to “$1.50, $2.27, and maybe 
close to $4” will, in his framework, hinge on Dogecoin defeating the remaining 
retracement band and converting it to support. Until then, he concludes, the 
burden of proof remains on the bears: “This is not a bear trend at all.” At 
press time, DOGE traded at $0.231. Featured image created with DALL.E, chart 
from TradingView.com

Dogecoin Mega Rally Ahead? Crypto Analyst Says $4 Is In Play

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