Dogecoin Faces Uncertain Future After Whale Divestment

鯨魚撤資後狗狗幣面臨不確定的未來

Dogecoin (DOGE) is grappling with a challenging outlook due to a significant $16 million divestment by a major holder, speculated to be a "whale" investor.

由於主要持有者（據推測是「鯨魚」投資者）大規模撤資 1,600 萬美元，狗狗幣 (DOGE) 正面臨充滿挑戰的前景。

Cryptocurrency expert Mags has outlined historical price trends for DOGE, with Phase 3 indicating a potential sharp decline towards zero. The meme coin is currently in a downtrend and is expected to lose its value due to its cyclical nature.

加密貨幣專家 Mags 概述了 DOGE 的歷史價格趨勢，第三階段表明其可能急劇下跌至零。米姆幣目前處於下降趨勢，由於其週期性，預計將失去價值。

Despite a recent 4% price surge, technical indicators suggest investor uncertainty and the potential for a chain reaction.

儘管最近價格飆升 4%，但技術指標表明投資者存在不確定性，並且可能出現連鎖反應。

However, a glimmer of optimism remains for DOGE. Increased trading volume indicates heightened activity, possibly signaling a buying spree among loyal DOGE supporters.

然而，DOGE 仍然存在一線樂觀情緒。交易量增加表明活動增加，可能預示著忠實的 DOGE 支持者的購買熱潮。

A breakthrough above the initial resistance level of $0.14 could hint at a potential reversal, but requires a shift from historical patterns and a positive market outlook.

突破 0.14 美元的初始阻力位可能暗示潛在的逆轉，但需要改變歷史模式和積極的市場前景。

Elon Musk, often referred to as the "Dogefather," has remained relatively silent, leaving the market lacking a catalyst for sustained upside momentum.

經常被稱為「教父」的伊隆馬斯克一直保持相對沉默，導致市場缺乏持續上漲動力的催化劑。

CoinCodex's technical analysis predicts a 13% price decline for DOGE, with a projected value of $0.12 by July 13, 2024. Current sentiment is bearish, indicating widespread anticipation of price declines. However, the Fear & Greed Index currently stands at 70, suggesting significant greed among investors.

CoinCodex 的技術分析預測 DOGE 的價格將下跌 13%，預計到 2024 年 7 月 13 日價值將下降 0.12 美元。然而，恐懼與貪婪指數目前為 70，顯示投資者極度貪婪。

Notably, Dogecoin's trading volume has increased by over 35.67% in the past month.

值得注意的是，過去一個月狗狗幣的交易量增加了超過35.67%。