Crypto analyst Ali Martinez is warning traders that a red-hot Dogecoin (DOGE) rival could be in store for a correction.

加密貨幣分析師阿里馬丁內斯警告交易員，炙手可熱的狗狗幣（DOGE）競爭對手可能即將出現調整。

The Solana-based (SOL) memecoin Bonk (BONK) is trading at $0.000012 at time of writing, up a staggering 6,022% from where it was priced at the beginning of 2023.

截至撰寫本文時，基於 Solana (SOL) 的 memecoin Bonk (BONK) 的交易價格為 0.000012 美元，較 2023 年初的定價上漲了 6,022%。

Martinez tells his 35,100 followers on the social media platform X that the asset’s Tom DeMark (TD) Sequential indicator presented a buy signal on its weekly chart before it launched its bull run in October.

馬丁內斯在社交媒體平台 X 上告訴他的 35,100 名粉絲，該資產的 Tom DeMark (TD) 順序指標在 10 月啟動牛市之前，在其周線圖上顯示了買入信號。

The TD Sequential indicator is used by traders to predict potential trend reversals based on the closing prices of the 13 previous bars or candles.

交易者使用 TD 順序指標根據前 13 個長條圖或蠟燭圖的收盤價來預測潛在的趨勢反轉。

Martinez notes that the indicator is now flashing the opposite, however.

然而，馬丁內斯指出，該指示器現在正在閃爍相反的信號。

“Now, the same indicator is showing a sell signal. This suggests BONK might be heading into a correction period lasting one to four weeks.”

「現在，同一指標顯示出賣出訊號。這表明 BONK 可能會進入持續一到四個星期的調整期。”

The analyst also notes that Ethereum’s (ETH) TD Sequential indicator is also flashing a sell signal on the asset’s three-day chart.

該分析師還指出，以太幣 (ETH) TD 順序指標也在該資產的三天圖表上閃爍了賣出訊號。

“If this signal is confirmed, it might set up a prime buying opportunity with ETH potentially retracing to $2,150. This could be a key moment before a potential rally toward $3,500.”

「如果這一訊號得到證實，那麼 ETH 可能會回調至 2,150 美元，這可能會帶來絕佳的買入機會。這可能是價格可能反彈至 3,500 美元之前的關鍵時刻。”

ETH is trading at $2,235 at time of writing.

截至撰寫本文時，ETH 的交易價格為 2,235 美元。

Additionally, Martinez warns that BNB (BNB), the native utility token on the decentralized finance (DeFi) platform Binance Smart Chain, is forming a descending triangle on its weekly chart. A descending triangle is typically considered a bearish continuation pattern.

此外，馬丁內斯警告說，去中心化金融（DeFi）平台幣安智能鏈上的原生實用代幣 BNB（BNB）正在其周線圖上形成下降三角形。下降三角形通常被視為看跌持續形態。

Says the trader,

該貿易商表示，

“Watch for a close above $260 to confirm a bullish BNB breakout. Until then, it might be wise to hold steady!”

「留意收盤價高於 260 美元，以確認 BNB 的看漲突破。在那之前，保持穩定可能是明智的！”

BNB is trading at $249 at time of writing.

截至撰寫本文時，BNB 的交易價格為 249 美元。